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
250 jobs Number of planned job creations
Announcement Date
7 November 2013
Employment effect (start)
31 December 2013
Foreseen end date
Description
Michel is to gradually create 250 new jobs in Modrice industrial area near Brno until the end of 2013.
This follows the launch of the production of valves at Modrice for which the company received a grant from Czech government agency CzechInvest.
The foreign investor specializes in high precision valves for fuel injection and brake components.
Eurofound (2013), Michel, Business expansion in Czechia, factsheet number 76139, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76139.
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.
