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 29.10 - Manufacture of motor vehicles
250 jobs Number of planned job creations
Announcement Date
6 July 2021
Employment effect (start)
1 July 2021
Foreseen end date
Description
Cake, a Swedish motorcycle manufacturer, will relocate the manufacturing of electric motorcycles from Taiwan to Albyberg, located near Stockholm. The relocation will create between 250 and 300 job opportunities. The first line of production began in July 2021.
Together with the Swedish energy company Vattenfall, Cake plans to create a fossil-free motorcycle. According to the company, it is more effective and sustainable to build the motorcycles in Sweden. However, Cake will also continue to manufacture many of the components in Taiwan. Cake's ambition is to scale up the production to 20,000 motorcycles per year and a workforce of 1,000 in Albyberg.
Eurofound (2021), Cake, Reshoring in Sweden, factsheet number 105045, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105045.
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.
