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.
Mining / Quarrying Mining And Quarrying Mining Of Metal Ores 07 - Mining of metal ores
250 jobs Number of planned job creations
Announcement Date
15 September 2007
Employment effect (start)
1 May 2009
Foreseen end date
Description
Sydvaranger Gruve, the owner of the Sydvaranger iron ore mine and associated infrastructure, has announced that it is to create approximately 250-300 jobs with the reopening of the mines at Sør-Varanger in Finnmark (in the North of Norway). The spokesman for Sydvaranger Gruve said that the company is expected to start production by May 2009. The company has filed for extraction license and expects all concessions to be in place within March 2008.
Sydvaranger Gruve closed down their mines ten years ago and in 2006 was acquired and financed by the Oslo-based Tschudi Shipping Company. In view of the company acquisition, Tschudi Shipping Company has established a holding company - Northern Iron Limited - together with external investors.
Sources
14 December 2007: Dagens Næringsliv
12 December 2007: Nordlys
15 September 2007: Nordlys
Citation
Eurofound (2007), Sydvaranger Gruve, Business expansion in Norway, factsheet number 65841, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65841.
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.
