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 Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21.10 - Manufacture of basic pharmaceutical products
120 jobs Number of planned job creations
Announcement Date
29 January 2023
Employment effect (start)
1 March 2023
Foreseen end date
30 September 2024
Description
Pharmaceutical company Lek from Ljubljana, part of the Swiss-based Sandoz group (Novartis), announced an €83 million investment in the Ljubljana plant and the creation of around 120 jobs.
The new liquid vial and pre-filled syringe manufacturing facility will be completed in October 2024. In February 2023, the government confirmed the subsidy of €6.56 million for the investment.
Novartis intends to spin off the Sandoz division to be sold. Slovenian company Lek is officially part of Sandoz division but produces for both Sandoz and Novartis. It has already been decided that Lek will be divided as well. The units in Ljubljana and Mengeš will be integrated into Novartis, plants in Prevalje and Lendava will stay with Sandoz.
According to the Sloexport database, Lek currently employ 4797 workers.
Eurofound (2023), Lek, Business expansion in Slovenia, factsheet number 108432, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108432.
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.
