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 Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
1,100 jobs Number of planned job creations
Announcement Date
12 September 2007
Employment effect (start)
Foreseen end date
31 December 2008
Description
ACE Romania, a manufacturer of electrical components for motor vehicles, is to create 1,100 new jobs across Romania by the end of 2008. 300 of the new jobs will be based in Dej, 100 in Turda, and 300 in Cluj. A new site will also be opened in Jibou at which 400 new jobs will be created. ACE Romania currently employs 3,000 in Romania, and company representatives have estimated that the firm will achieve a turnover of 150 million EUR in 2008. ACE Romania is a part of the ACE Automotive Group.
Sources
13 September 2007: Ziarul Financiar
Citation
Eurofound (2007), ACE Romania, Business expansion in Romania, factsheet number 65829, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65829.
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.
