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 Basic Metal And Fabricated Metal Products Manufacture Of Fabricated Metal Products, Except Machinery And Equipment 25 - Manufacture of fabricated metal products, except machinery and equipment
100 jobs Number of planned job creations
Announcement Date
2 December 2005
Employment effect (start)
1 January 2006
Foreseen end date
Description
Tatramat Company is the biggest Slovak producer of hot water boilers. Company management plans to increase the volume of production in 2006. Annual sales revenue SKK 500 million for 2005 should increase to some SKK 750 million in 2006. Company exports around 80% of its production, mostly to the EU countries, USA and Canada. Since October 2004 the Tatramat Company is owned by German Stiebel Eltron, which is the biggest producer of hot water boilers, heating systems and heat pumps in Europe.
Sources
2 December 2005: SME
Citation
Eurofound (2005), Tatramat Quasar, Business expansion in Slovakia, factsheet number 62595, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62595.
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.
