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
150 jobs Number of planned job creations
Announcement Date
15 March 2017
Employment effect (start)
1 November 2017
Foreseen end date
Description
Cooper-Standard Automotive ČR, a subsidiary of an American car parts maker, will complete the construction of production facilities in the Bystřice nad Pernštejnem industrial zone in May 2017 and create about 150 jobs. Trial production is to be launched in November 2017, serial production in 2018. The total investment amounted to CZK 500 million (EUR 18.5 million). The firm intends to further expand its production in the coming years and employ a total of 500 staff.
Sources
15 March 2017: Ždárský deník
21 March 2017: Čianews
Citation
Eurofound (2017), Cooper-Standard Automotive ČR, Business expansion in Czechia, factsheet number 90577, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90577.
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.
