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 Material For Textiles, Apparel, Leather And Related Products Manufacture Of Wearing Apparel 14 - Manufacture of wearing apparel
2,500 jobs Number of planned job creations
Announcement Date
29 June 2007
Employment effect (start)
Foreseen end date
31 December 2008
Description
Cozamin Galati, a company that manufactures clothes announced an investment of EUR 7 million into a new plant that will be finalised in approximately one year and a half and will generate 2,500 new jobs.
Since 1993 the company is producing clothes for export. At present the company has 500 employees and has reported a turnover of EUR 3 million for 2006.
Eurofound (2007), Cozamin, Business expansion in Romania, factsheet number 65571, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65571.
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.
