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.
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale In Non-Specialised Stores 47.1 - Retail sale in non-specialised stores
100 jobs Number of planned job creations
Announcement Date
2 June 2005
Employment effect (start)
3 January 2006
Foreseen end date
Description
Kaufland has started building a hypermarket in Vratsa. Some BGN 6 million will be invested in the new hypermarket where some 100 persons are expected to be hired. For the region of Vratsa - where the official unemployment rate in April 2005 is 19.58% (data from the national Employment agency) – this annoucement gives a good chance for 100 persons to re-enter the labour market. Kaufland will continue building network of hypermarkets around the country.
Eurofound (2005), Kaufland, Business expansion in Bulgaria, factsheet number 61686, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61686.
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.
