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.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Warehousing And Support Activities For Transportation 52.24 - Cargo handling
500 jobs Number of planned job creations
Announcement Date
13 January 2008
Employment effect (start)
13 January 2008
Foreseen end date
13 January 2013
Description
CMA CGM, a French group of companies which is the third largest container shipping organization worldwide, will create 500 new jobs within the next five years. The Group was granted the right to operate and develop Malta Freeport under a 30-year privatization deal signed in October 2004. Before that, the Malta Freeport was operated by a person appointed by the Government of Malta. At present, 232 persons work at Malta Freeport Terminals Limited in Marsaxlokk. Under a new agreement with the government, the Group committed itself to invest EUR 130 million on an extension of the Malta Freeport, while the government extended its lease by five years with a further possible extension of another 30 years.
Sources
14 January 2008: Times of Malta
Citation
Eurofound (2008), Malta Freeport Terminals Limited, Business expansion in Malta, factsheet number 66259, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66259.
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.
