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 Other Transport Equipment 30.30 - Manufacture of air and spacecraft and related machinery
Construction of the 8000 square meter facility starts in September, the first stage will be completed in April 2018, the composite production unit will become operational at the end of next year.
According to plans, the factory will create at least 105 jobs and will produce 200 planes annually.
Sources
26 August 2017: Hirado.hu
24 August 2017: origo.hu
Citation
Eurofound (2017), Magnus Aircraft, Business expansion in Hungary, factsheet number 91870, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91870.
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.
