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 Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
100 jobs Number of planned job creations
Announcement Date
4 July 2018
Employment effect (start)
4 July 2018
Foreseen end date
31 December 2018
Description
The Swiss manufacturer, Reichle and De Massari, of which the Bulgarian unit specialises in manufacturing passive cabling solutions for high-quality communication networks, announced it will invest about €2.55 million in expansion of its production capacity in Sofia. The company also plans to expand its product portfolio and to hire 100 employees to add to its current team of about 350 people in Bulgaria.
Sources
Citation
Eurofound (2018), Reichle and De-Massari Bulgaria Production EOOD, Business expansion in Bulgaria, factsheet number 94529, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94529.
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.
