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.
Alfod es Eszak; Eszak-Alfold; Jasz-Nagykun-Szolnok
Location of affected unit(s)
Jászfényszaru
Sector
Manufacturing Manufacture Of Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Rubber And Plastic Products 22.22 - Manufacture of plastic packing goods
100 jobs Number of planned job creations
Announcement Date
14 June 2019
Employment effect (start)
31 December 2019
Foreseen end date
Description
Indian chemical corporation SRF announced a new plant in Jászfényszaru and the creation of 100 new jobs. The new production is planned to start by the end of 2019 and involves €60 million in investments. The annual production performance of the new unit is expected to reach 40,000 tonnes. The plant is going to produce BOPET (biaxially-oriented polyethylene terephthalate) and BOPP (biaxially-oriented polypropylene) foils.
SRF is a chemical-based multi-business conglomerate, active in several sectors and engaged in the production of industrial and special intermediate chemicals. It has 15 manufacturing units in two continents and it employs 6,300 people globally.
Eurofound (2019), SRF, Business expansion in Hungary, factsheet number 94434, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94434.
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.
