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 Other Transport Equipment 30 - Manufacture of other transport equipment
350 jobs Number of planned job creations
Announcement Date
27 March 2023
Employment effect (start)
10 October 2023
Foreseen end date
Description
Germany-based international company Jungheinrich, a supplier of handling equipment, has announced an expansion plan to employ 350 people at its newly built plant in the Czech town of Chomutov. The plant is worth more than CZK 1.5 billion (€59.9 million) and is due to start production in mid-2023. The new facility will mainly produce reach trucks.
The Chomutov plant will be one of the most modern production plants in the world. The project also considers the surroundings near the zone, which is firmly connected with coal mining, and envisages investing to support biodiversity.
Globally, Jungheinrich operates 13 production plants and 41 service and sales companies worldwide with more than 19,000 employees.
Update 11/10/2023
Jungheinrich has officially inaugurated its new plant for the production of handling equipment in Chomutov in October 2023.
Eurofound (2023), Jungheinrich, Business expansion in Czechia, factsheet number 108731, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108731.
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.
