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
140 jobs Number of planned job creations
Announcement Date
30 December 2011
Employment effect (start)
Foreseen end date
Description
Hungarian subsidiary of the US-based producer of turbocharges BorgWarner plans to increase its production capacity by some 50%. The move will result in the creation of 140 new jobs at the plant located in the Hungarian town of Oroszlány. As of December 2011, there is no information on the timeline of the job creation.
Major customers for the company's turbochargers are BMW, Renault, Volvo, GM, Fiat, Volkswagen (VW), Audi, Deutz and PSA group.
Sources
30 December 2011: Vilaggazdasag Online
Citation
Eurofound (2011), BorgWarner, Business expansion in Hungary, factsheet number 73246, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73246.
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.
