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 Other Transport Equipment 30.30 - Manufacture of air and spacecraft and related machinery
300 jobs Number of planned job creations
Announcement Date
17 December 2013
Employment effect (start)
1 January 2014
Foreseen end date
31 December 2014
Description
Aerospace producer Aero Vodochody is to create 300 new jobs at its plant in Odolena Voda in 2014.
This is due to high demand for the company’s products and enduring skill shortages on the labour market.
During 2013, the company recorded profits worth CZK 400 million (EUR 14.50mn USD 19.83mn) on revenues of CZK 4 billion. Due to the skill shortages, Aero Vodochody had to lease employees from other employers in the past. Furthermore, about 300 additional workers were recruited during 2013.
See ERM reports on job creation at the company in 2013, 2012, 2011.
Sources
17 December 2013: Hospodárske noviny
Citation
Eurofound (2013), Aero Vodochody, Business expansion in Czechia, factsheet number 76444, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76444.
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.
