The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.32 - Manufacture of other parts and accessories for motor vehicles
357 jobs Number of planned job creations
Announcement Date
3 February 2017
Employment effect (start)
3 February 2017
Foreseen end date
31 December 2017
Description
Coindu Romania, subsidiary of Portuguese textile manufacturer for the car industry, is to create 357 new jobs at its car upholstery factory in Curtici, western Romania. The new jobs are expected to be created by the end of 2017.
The company's employee base at the Curtici plant reached 2,000 persons in December 2016 and and another 143 were hired in January 2017. The company announced the intention to create 500 jobs by the end of 2017.
Coindu produces and supplies leather, fabric and PVC upholstery and other interior accessories for car makers including Audi, BMW, VW and Porsche.Â
Sources
3 February 2017: Ziarul Financiar
Citation
Eurofound (2017), Coindu Romania, Business expansion in Romania, factsheet number 90151, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90151.
Digitisation and automation technologies, including artificial intelligence (AI), can affect working conditions in a variety of ways and their use in the workplace raises a host of new ethical concerns.
The retail banking sector is fertile ground for studying the impacts of digitalisation on work and employment. Financial services are increasingly provided online, without the intermediary of customer-facing institutions.
European labour markets have recovered strongly from COVID-19. By the end of 2021, little more than 18 months after the start of the pandemic, employment rates in the EU were almost at pre-crisis levels.
