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.
Retail Wholesale Trade, Except Of Motor Vehicles And Motorcycles Wholesale Of Household Goods 46.44 - Wholesale of china and glassware and cleaning materials
198 jobs Number of planned job losses
Announcement Date
4 July 2018
Employment effect (start)
9 July 2018
Foreseen end date
31 July 2018
Description
The commercial court of Lille has decided the liquidation of Artmadis, a wholeretailer specialised in tableware. The 198 employees will be dismissed. Artmadis is a former subsidiary of group Arc International. It was taken over by the German company Mutares AG in 2012. Artmadis has its headquarter in Wasquehal (Nord) and three warehouse in Arques (Pas-de-Calais) and Parthenay (Deux-Sèvres). The company was placed in receivership on 22 May 2018. Since, no buyer has been identified to take over the company. Therefore the tribunal decided the immediate liquidation of the company.
Sources
Citation
Eurofound (2018), Artmadis, Bankruptcy in France, factsheet number 94485, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/94485.
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.
