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
350 jobs Number of planned job creations
Announcement Date
16 June 2008
Employment effect (start)
1 January 2009
Foreseen end date
Description
Due to increasing demand, Austria's casino operator and gambling machine maker Novomatic AG is to build a new production hall in Veszkény, in north-western Hungary, at its subsidiary AGI Hungária. The 5,000 square metre plant will be worth HUF 2.5 billion (€10.8 million) and is expected to be completed at the end of 2008. The number of employees in Hungary will thus increase by 200 to 550. AGI Hungária’s production plant in Veszkény produces the cables and wires used in the AGI gaming equipment and delivers its products to all Novomatic manufacturing facilities, national and international. AGI Hungária covers not only the group’s own demand, but produces also for external customers such as the automotive industry.
Sources
16 June 2008: hrportal.hu
Citation
Eurofound (2008), AGI Hungária, Business expansion in Hungary, factsheet number 66878, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66878.
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.
