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 Electrical Equipment 27.12 - Manufacture of electricity distribution and control apparatus
100 jobs Number of planned job creations
Announcement Date
9 June 2023
Employment effect (start)
8 June 2023
Foreseen end date
8 June 2028
Description
Inmotion Technologies, a manufacturer of power electronics for commercial vehicles, opened it's new factory in Tyresö and is to create around 100 new employments at the beginning of June 2023. The new factory will be fully utilised in the upcoming five years and it is based outside of Stockholm. The business expansion is said to create on opportunity for an increase in turnover.
The company manufactures mainly motor control units and power inverters for electric and hybrid vehicles and is part of Italian Xapi Group.
Eurofound (2023), Inmotion Technologies, Business expansion in Sweden, factsheet number 109200, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/109200.
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.
