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.
VT-Transman starts to operate 150 bus lines in Budapest with 500 new bus drivers from 1 July 2013. The bus lines are taken over from BKV, the city’s public transport company, where 450 employees are dismissed in parallel to the job creation.
Recruitment company Pannonjobs recruited the bus drivers who are participating on a four to five-week training on Mercedes Citaro IIs before starting to work. Some of them changed voluntarily from BKV to VT-Transman Kft.
Eurofound (2013), VT Transman, Business expansion in Hungary, factsheet number 75410, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75410.