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 Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16.23 - Manufacture Of Other Builders' Carpentry And Joinery
50 jobs Number of planned job creations
Announcement Date
27 September 2016
Employment effect (start)
1 June 2017
Foreseen end date
Description
Lasita Maja AS, one of the biggest manufacturer of wooden cabins (sheds, summerhouses, saunas, pavilions etc.) in Estonia is expanding its production volume by building a new factory and employing 50 new employees in addition to their current 250 employees in Southern-Estonia. The expansion gives an opportunity to increase their export volume to Europe, mostly to Great Britain and Italy.
The chairman of the board of the company stated that the expansion of the company is not only an investment to the capability of the company but also an investment to the development of Estonian wood products industry and export capability. Wood products are important export articles in Estonia and Lasita Maja exports nearly 98% of its production.
Sources
27 September 2016: Postimees
Citation
Eurofound (2016), Lasita Maja AS, Business expansion in Estonia, factsheet number 88730, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88730.
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.
