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 29.10 - Manufacture of motor vehicles
500 jobs Number of planned job creations
Announcement Date
4 September 2015
Employment effect (start)
4 September 2015
Foreseen end date
31 December 2019
Description
Automobili Lamborghini, an Italian based luxury car manufacturer, has started to hire 500 workers at the factory of Sant'Agata Bolognese, in Emilia-Romagna. The company intends to increase significantly the production capacity of the site in order to manufacturer a new SUV, Urus, which is expected to be launched on the market in 2018. The decision follows an agreement signed in May with the Italian government and local authorities.
Subsidies from local authorities amounting to up to 20 EUR million from EU structural funds are aimed at supporting the company’s R&D activities, training for workers, and other investments for safeguarding the environment, reducing consumption and improving logistics and electronic infrastructures. In addition, the Italian Government is to provide financial support worth up to 50 EUR million. According to media reports, the agreement was decisive for the localisation of the investment in Italy rather than in Bratislava (Slovakia), where the investment was initially planned. Unions expressed satisfaction with the decision, resulting from 'a constructive industrial relations climate'.
Sources
27 May 2015: Emilia Romagna Region - press release
28 May 2015: Il Sole 24 Ore
28 May 2015: Il Sole 24 Ore
5 September 2015: AGI
Citation
Eurofound (2015), Automobili Lamborghini, Business expansion in Italy, factsheet number 84774, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84774.
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.
