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 (16 - 17) Manufacture of wood and paper materials 17 - Manufacture of paper and paper products 17.12 - Manufacture of paper and paperboard
200 jobs Number of planned job losses
Announcement Date
1 September 2025
Employment effect (start)
15 September 2025
Foreseen end date
15 October 2025
Description
On September 1st, the British paper manufacturing firm DS Smith announced the closure of its paper mill in Belišće causing the dismissal of all of its 200 employees at the site.
As the reason for this, the company states its commitment to long-term sustainability of its business model and operational efficiency. The company wants to instead shift its investment focus to its packaging plant also located in Belišće.
In line with the Croatian legal frame for closures, there are currently discussions underway with the employee representatives regarding support measures and the proposed time frame of the closure.
Eurofound (2025), DS Smith, Closure in Croatia, factsheet number 203268, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/203268.
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.
