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 29.3 - Manufacture of parts and accessories for motor vehicles
200 jobs Number of planned job creations
Announcement Date
13 December 2017
Employment effect (start)
1 April 2018
Foreseen end date
Description
Slovak and Czech investment group Arca Capital plans to enter the year 2018 with several major investment plans. In spring 2018 it plans to open its own plant for the production of plastic automotive components in Solcany, near Topolcany in Slovakia. The new investment of about €6 million will create more than 200 new jobs. The plant size will be around 14,000 m2 and it is expected to be operational in April 2018. The Company will supply car producers in Slovakia and abroad. Arca Capital has already sealed contracts with Mercedes and there are ongoing contract negotiations with Hyundai, Kia and Volkswagen.
Sources
13 December 2017: Hospodárske noviny
Citation
Eurofound (2017), Arca Capital, Business expansion in Slovakia, factsheet number 92883, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/92883.
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.
