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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23 - Manufacture of other non-metallic mineral products
150 jobs Number of planned job creations
Announcement Date
19 February 2007
Employment effect (start)
3 November 2008
Foreseen end date
31 December 2008
Description
Isover, owned by Saint Gobain Group, announced on 19 February 2007 its plans to build a glass wool plant in Chemillé (Maine-et-Loire) at the end of 2008. The investment will reach 100 million euro and build a 70,000-ton capacity glass wool plant. It is expected that around 150 jobs will be created between November and December 2008. According to the CEO of Isover, the French manufacturer of construction materials, this investment is designed to address demand in fast-growing insulation markets in Western Europe and particularly in France.
New regulatory requirements regarding the thermal performance of new and existing buildings should result in a 40% reduction of energy consumption in new buildings by 2020, and a fourfold reduction of energy consumption in existing buildings by 2050. The thermal insulation of buildings leads to substantial savings and is one of the most effective ways of combating 'greenhouse gas emissions'.
Sources
19 February 2007: Le Journal des Finances
Citation
Eurofound (2007), Isover, Business expansion in France, factsheet number 64957, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64957.
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.
