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 For Transport Equipment Manufacture Of Motor Vehicles, Trailers And Semi-Trailers 29.3 - Manufacture of parts and accessories for motor vehicles
370 jobs Number of planned job creations
Announcement Date
8 October 2007
Employment effect (start)
1 July 2008
Foreseen end date
Description
ITW Pronovia, a producer of plastic fasteners and other specialized components for the automotive industry and a subsidiary of the multinational group ITW Deltar, is to create 370 new jobs in Velká Bíteš with the expansion of its current site. The firm currently employs 650 at its Velká Bíteš plant, and the expansion will involve the construction of a new production facility at the site. The project will involve an investment of 8 million USD, and is due to be completed by the end of June 2008. ITW Pronovia has operated in Czech Republic since 1992.
Sources
8 October 2007: Právo - Jižní Morava (www.pravo.cz)
Citation
Eurofound (2007), ITW Pronovia, Business expansion in Czechia, factsheet number 65896, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65896.
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.
