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 Wood And Paper Materials Manufacture Of Paper And Paper Products 17.22 - Manufacture of household and sanitary goods and of toilet requisites
184 jobs Number of planned job creations
Announcement Date
15 April 2013
Employment effect (start)
1 October 2013
Foreseen end date
Description
The Portuguese tissue manufacturer Suavecel will invest €25 millions on the Fortissue factory. Thanks to this plan, a new tissue production facility will be established in the town of Alvaraes (Viana do Castelo). Fortissue is going to create 184 new jobs. This investment comprises the installation of two paper machines. The first will be in place in the last quarter of 2013, the second one two years later.
Sources
15 April 2013: TVI24
Citation
Eurofound (2013), Fortissue, Business expansion in Portugal, factsheet number 75340, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75340.
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.
