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 machinery and equipment Manufacture of machinery and equipment n.e.c. 28 - Manufacture of machinery and equipment n.e.c.
250 jobs Number of planned job creations
Announcement Date
10 March 2025
Employment effect (start)
10 March 2025
Foreseen end date
31 December 2025
Description
Flaro, a century-old Romanian company producing for the automotive, electrical, stationery, haberdashery and household goods industries, is moving production from Sibiu to Medias and Dumbraveni (both in Sibiu County), according to a company press release.
The company mentioned that the expansion through the two production halls 250 jobs for skilled and unskilled workers are created, with the aim of developing economic growth in the Tarnavei Valley. The advertised jobs are locksmiths, lathe operators, turners, electricians, feeders, process technicians and process engineers for various production and assembly processes at both plants.
Eurofound (2025), Flaro, Business expansion in Romania, factsheet number 202476, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202476.
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.
