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 29.32 - Manufacture of other parts and accessories for motor vehicles
Linamar has been active in Hungary since 1992, both as a manufacturer of agricultural machinery and as an automotive parts manufacturer. The present investment reflects a shift in the firm’s focus toward electromobility on the one hand, and a strengthening of its position as a producer of agricultural and general machinery on the other.
The government financially supported the investment, based on a one-off government decision.
Sources
11 February 2020: Hungarian Investment Promotion Agency (hipa.hu)
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.
