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 26.30 - Manufacture of communication equipment
361 jobs Number of planned job creations
Announcement Date
22 October 2022
Employment effect (start)
22 October 2022
Foreseen end date
30 April 2023
Description
German engineering company Bosch is planning to invest €6.5 million in the production of electric bicycles (e-bikes) and will recruit 351 people by April 2023. Among those 351 workers in Ovar: 300 will be for the production team, 30 technicians and engineers and 21 workers for Research and Development (R&D) in Ovar. Still in 2022, 11 professionals will be recruited in Braga. The new workers will integrate different areas, notably software engineering and development, industrial engineering, mechanical engineering and UX/UI Design.
This new team will be dedicated to the development of remote controls, displays (touch screens) and other connectable devices that support the management and control of an electric bicycle. It will also be responsible for some high-precision assembly and control processes.
In Portugal, Bosch operates three units in North Portugal - Braga, Ovar, and in Aveiro - directly employing almost six thousand jobs.
Eurofound (2022), Bosch Security Systems, Business expansion in Portugal, factsheet number 107658, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107658.
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.
