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.
Dealerdirect, the German online market operator for second-hand vehicles, will hire 250 new employees at its headquarters in Neuss and at its new plant in Hamburg by the end of 2015. The job creation will affect the company's customer service, distribution, sales, marketing and accounting departments. The firm has been reporting a significant increase in its business volume and the number of vehicles sold in the first term of 2015 was doubled compared to the same period of last year.
Dealerdirect was founded in 2007 and headquartered at Neuss in North Rhine-Westphalia. The company belongs to the platform ikwilvanmijnautoaf.nl, which serves the Dutch and Belgian market. Both the venture capitalist Prime Ventures Netherlands and Rocket Internet acquired shares from the company, Rocket Internet was started by the founders of German e-commerce company Zalando.
Eurofound (2015), Dealerdirect, Business expansion in Germany, factsheet number 84956, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/84956.