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 29.31 - Manufacture of electrical and electronic equipment for motor vehicles
100 jobs Number of planned job creations
Announcement Date
1 June 2018
Employment effect (start)
1 June 2018
Foreseen end date
Description
Flex – an American-Singapore technological manufacturer is expanding its plant in Zalaegerszeg and announced the creation of 100 new jobs. A new production line has been installed in the factory to manufacture energy recovery systems and performance electrical circuits relying on a brand new surface mould technology.
Flex has almost 10,000 employees at three locations in Hungary (Zalaegerszeg, Sárvár, Tab), it has 10 production halls (200,000 square metres).
Flex (former Flextronics), with a history of almost five decades, operates in the field of electronics manufacturing services and original design manufacturering. It employ 200,000 heads in more than 30 countries, serving 12 industrial segments.
Sources
1 June 2018: hipa.hu
1 June 2018: http://makronom.mandiner.hu
Citation
Eurofound (2018), Flex, Business expansion in Hungary, factsheet number 94194, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94194.
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.
