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.
Ubitransport, a start-up that sells software for public transport, plans to recruit a hundred employees in the coming months. The current team has thirty people. The software, uploaded on the drivers' smartphone, is aimed at operators of small and medium-sized transport networks who do not necessarily have the technical means to manage complex software. Via a smartphone connected to servers hosted in the cloud and entrusted to the bus or coach driver, the software makes it possible to manage the tickets, to show the statistics of use of the lines or to inform users in real time about their waiting time. Ubitransport, created in 2012, increased its turnover from € 60,000 in 2013 to € 4 million in 2016.
Eurofound (2017), Ubi Transports, Business expansion in France, factsheet number 92602, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/92602.