Business expansion
Location of affected unit(s)
Madrid and Barcelona
Transportation / Storage
Land, Water And Air Transportation
Land Transport And Transport Via Pipelines
49.31 - Urban and suburban passenger land transport

1,500 jobs
Number of planned job creations
Job creation
Announcement Date
20 September 2021
Employment effect (start)
15 September 2021
Foreseen end date


Vecttor, a company dedicated to urban passenger transport with chauffeur-driven vehicles for hire, has announced the creation of 1500 new permanent jobs to work as drivers in Madrid (1000) and Barcelona (500). Specifically, the new drivers will work through the Cabify platform. The company offers salaries from €1,113 to €1,258 per month (12 payments per year) plus a percentage of variable salary depending on individual turnover.

This announcement comes as a consequence of the recovery of the mobility of the population, after the beginning of the recovery from the COVID-19 crisis. The company has progressively incorporated 700 vehicles that will be received by the end of the year, which are less contaminating. Currently, 85% of the company's vehicles are ecological and it expects to increase this number up to 90% by the end of 2021.



Eurofound (2021), Vecctor, Business expansion in Spain, factsheet number 105305, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105305.