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 29.31 - Manufacture Of Electrical And Electronic Equipment For Motor Vehicles
200 jobs Number of planned job creations
Announcement Date
13 September 2024
Employment effect (start)
13 September 2024
Foreseen end date
31 December 2025
Description
As announced on 13 September 2024, the automotive supplier Marquardt has opened a second plant in Ichtershausen, Thuringia, creating 200 new jobs.
The company manufactures mechatronic switch and control systems. At the new location, battery management systems for electric vehicles will be produced. 200 new jobs will be created by 2025. A nine-figure sum was invested, the exact amount is not known.
The company employs around 10,000 people worldwide across 22 locations. Marquardt's headquarter is in Rietheim-Weilheim, Baden-Württemberg. In 2023, its turnover amounted to approximately 1.4 billion euros.
Eurofound (2024), Marquardt, Business expansion in Germany, factsheet number 201606, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201606.
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.
