Restructuring events
European Restructuring Monitor (ERM)
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.
Bolt, an Estonian mobility app, intends to recruit 100 people in Romania by the end of 2022. The company is looking for IT engineers and programmers at its IT development center in Bucharest. Less than two years ago, the local team of software engineers consisted of 30 employees. Today, it has grown by 250% to around 80 engineers.
Initially, the company only offered ridesharing service and later expanded with food delivery services, car rentals, on-app electric scooter rentals and a franchising system.
In Romania, the Estonian app entered in 2016, with the name "Taxify". It started the business in Bucharest, but now the ride-hailing service is present in 22 Romanian cities.
Eurofound (2022), Bolt, Business expansion in Romania, factsheet number 106864, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/106864.