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 Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.15 - Manufacture of bearings, gears, gearing and driving elements
100 jobs Number of planned job creations
Announcement Date
3 May 2019
Employment effect (start)
3 May 2019
Foreseen end date
31 December 2019
Description
The German global automotive and industrial supplier Schaeffler announced that 100 job vacancies for engineers will be created at its test center in Cristian plant (Brasov County) by the end of 2019. In 2012, the company inaugurated its own engineering centre in Cristian. In addition, the company has invested more than €500 million and last year the turnover was increased by 11.5 to over €475 million. Schaeffler entered the Romanian market in 2006 and has 5,000 employees at the Cristian plant. Globally, the company has over 92,500 employees.
Eurofound (2019), Schaeffler Romania, Business expansion in Romania, factsheet number 97745, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97745.
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.
