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.
Vecttor, a subsidiary of the Cabify group, aims to hire 300 professionals for its chauffeured vehicle services in Madrid by January 2025.
Applicants must possess a driving license for more than two years, maintain at least 8 points on the license, and have current, organized documentation.
The employment conditions on offer include a permanent work contract with an average monthly income of 1,800 euro. The company began its initiative to electrify its fleet in 2020 to decrease emission levels. Currently, over 30% of its vehicles in Madrid have a 'zero' emissions label from manufacturers such as Hyundai, KIA, Polestar, and Tesla, among others.
Eurofound (2024), Vecttor, Business expansion in Spain, factsheet number 201943, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/201943.