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 Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
100 jobs Number of planned job creations
Announcement Date
26 June 2017
Employment effect (start)
26 June 2017
Foreseen end date
31 December 2017
Description
Norwegian capital company Kitron engaged in electronic manufacturing services is expanding its activities in Lithuania and is to create around 100 new jobs in its facility in Kaunas by the end of 2017. According to the management, Kitron has recently signed a five-year contract with Husqvarna worth NOK 600 million (€63.25 million). According to the contract, the group’s facility in Kaunas will be responsible for producing the electronic components for Husqvarna’s robotic lawn mowers.
The Kitron plant in Kaunas is part of Kitron Group, a Norwegian electronic manufacturing services group. The Kitron group has electronic equipment plants in China, Germany, Lithuania, Norway, Sweden and the USA. Currently Kitron in Lithuania employs around 700 employees.
Sources
26 June 2017: Delfi Verslas
Citation
Eurofound (2017), Kitron, Business expansion in Lithuania, factsheet number 91438, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91438.
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.
