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.
(10 - 33) Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 27 - Manufacture of electrical equipment 27 - Manufacture of electrical equipment
140 jobs Number of planned job creations
Announcement Date
23 March 2009
Employment effect (start)
1 June 2009
Foreseen end date
1 June 2009
Description
As the result of the agreement between the Zollner Group and Smart Technologies 140 new jobs have been created at the Zollner's production facility in Vác (Pest county). This move will allow Smart Technologies to expand to new markets. The Zollner group, an electronic spear parts manufacturer, initiated operations in Hungary in 1988 with only 20 employees. Prior to the business expansion, the production site in Vác employed 2,008 workers. Employment at the site started in June 2009.
Eurofound (2009), Zollner Elektronik Gyártó és Szolgáltató, Business expansion in Hungary, factsheet number 70108, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/70108.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...