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 Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
100 jobs Number of planned job creations
Announcement Date
8 February 2006
Employment effect (start)
Foreseen end date
31 December 2006
Description
Rettenmeier company established its first subsidiary, Rettenmeier Tatra Timber, in Slovakia in 1999. The German company announced in February 2006 it is to extend the production in its subsidiary Rettenmeier Polomka Timber, operating in Slovakia since 2004. Around SKK 500 million will be invested in the development of Polomka plant between 2006 and 2009. Installation of a new sawmill in 2006 will contribute to annual production of 180,000 cubic meters of timber. Some 100 jobs will be created in the process.
Sources
8 February 2006: Hospodárske noviny
Citation
Eurofound (2006), Rettenmeier Polomka Timber, Business expansion in Slovakia, factsheet number 62963, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62963.
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.
