Europcar Mobility Group : In talks to start financial restructuring
>As expected, plans unveiled to start financial restructuring talks - In a press release issued yesterday evening after market close, the Europcar group lifted the veil on plans to enter into discussions with corporate debt creditors to roll out a financial restructuring program. “The Group’s objective is to ensure a sustainable capital structure adapted to its level of revenue, with reduced corporate indebtedness and appropriate liquidityâ€, the group said in the...Europcar Groupe SA is part of the mobility sector as a handler in rental vehicles. Co.'s objective is to provide the mobility solution that meets its customers' needs in a market where expectations are constantly changing. Co. offers mobility solutions extending from short-term vehicle rental, via its three main brands, Europcar®, Ubeeqo® and InterRent®, and chauffeur services to car-sharing and a platform offering mobility services. Ubeeqo, a specialist in car-sharing, and E-Car Club, a car-sharing start-up offering an entire fleet of electric vehicles in the United Kingdom, have broadened Co.'s mobility offer through its subsidiary, Europcar Lab.
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