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.
Utilities Electricity, Gas, Steam And Air Conditioning Supply Electricity, Gas, Steam And Air Conditioning Supply 35 - Electricity, gas, steam and air conditioning supply
400 jobs Number of planned job creations
Announcement Date
7 March 2005
Employment effect (start)
Foreseen end date
Description
A new £60 million wood-burning power station is to be built in the chemical heartland of Teesside. It will generate enough electricity to power about 30,000 homes.
The 30MW biomass project, known as Wilton 10, will create about 400 jobs during construction. It is expected to be operational by mid-2007.
The power station, being built by utilities and services company SembCorp Utilities (UK), will be one of Britain's largest biomass renewable energy projects.
Sources
8 March 2005: The Guardian
Citation
Eurofound (2005), SembCorp Utilities (UK), Business expansion in United Kingdom, factsheet number 61236, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61236.
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.
