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 29.32 - Manufacture of other parts and accessories for motor vehicles
800 jobs Number of planned job creations
Announcement Date
13 December 2012
Employment effect (start)
1 July 2013
Foreseen end date
31 December 2014
Description
Faurecia, a multinational automotive parts manufacturer, has announced that it will create 800 new jobs following the construction of a new plant in Nýřany industrial zone, near the city of Plzeň.
The construction of the factory is to be completed by the end of June 2013 and full operation will begin in October 2013. The firm has already started recruitment of key managers and specialists. Faurecia’s new plant will mainly produce seats for the BMW 1 Series for the German subsidiary of BMW in Regensburg and Leipzig.
With newly constructed plant, the company will operate seven production plants that collectively employ more than 3,500 people in Czech Republic. Faurecia operates 270 factories with 84,000 employees in 33 countries. The group’s sales amounted to EUR 16.2 billion last year.
Updated 21/10/2013
The company launched the full production with the first 420 workers on 21 October 2013. According to the newspaper, a total of 800 employees are to be employed by the end of 2014.
Sources
21 October 2013: Hospodárske noviny
13 December 2012: Hospodárske noviny
12 December 2012: finance.cz
Citation
Eurofound (2012), Faurecia, Business expansion in Czechia, factsheet number 74654, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74654.
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.
