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.
Kaptein Sabeltann AS has relocated the production of its pirate swords for children from China to Porsgrunn, Norway. The production is undertaken by the company Grepi Plast AS, which will produce over 15,000 swords per year. The move was driven by environmental considerations and proximity to the home market. This strategic shift not only reflects Kaptein Sabeltann AS’s commitment to sustainability and reduced carbon emissions but also aims to maintain cost competitiveness. The company ensures that prices for the pirate swords remain unchanged for consumers.
Eurofound (2023), Kaptein Sabeltann, Reshoring in Norway, factsheet number 293, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/293.
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.
