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 Rubber And Plastic Products And Other Non-Metallic Mineral Products Manufacture Of Other Non-Metallic Mineral Products 23 - Manufacture of other non-metallic mineral products
400 jobs Number of planned job creations
Announcement Date
19 October 2007
Employment effect (start)
Foreseen end date
31 December 2012
Description
Valrom, a manufacturer of thermo-plastic fittings and pipes and a subsidiary of the Romstal Group, has announced that it is to create up to 400 new jobs in Topoloveni with the development of a new site. The President of Romstal has stated that 60-70 employees will be hired at the new site by 2009, and that the group expects 300-400 to be employed at the new site by 2012. The new plant will involve an investment of 30 million EUR. In 2006, Romstal recorded a turnover of 310 million EUR.
Eurofound (2007), Valrom Romania, Business expansion in Romania, factsheet number 65964, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65964.
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.
