Locked content Work Service to buy remaining stake in Prohuman

WSE-listed HR company Work Service signed a deal to buy the remaining 25 percent in Hungarian Prohuman, Work Service said in a market filing. The transaction will be payable in three tranches and will be worth HUF 4.97 billion and PLN 20.5 million with the last installment to be paid by November 27....

Locked content Work Service sells two subsidiaries for PLN 174.18 mln

WSE-listed HR company Work Service has sold its IT Kontrakt subsidiary to Oaktree Capital Management private equity fund for PLN 146.86 million, and ProService Worldwide to its shareholder Prologics for PLN 7 million and a “guarantee price” of up to PLN 20.5 million, the company said in market filin...

Locked content Report: 84% of Poles don’t plan to move abroad for work

According to the latest report compiled by HR consultancy Work Service, 84 percent of Poles don’t plan to move abroad for work, while 14 percent have such plans. The latter figure is down by 5 percent compared to the previous poll. Out of those that think about migrating, the biggest number, 29 perc...

Locked content Work Service sells IT Kontrakt for PLN 147 million

WSE-listed HR agency Work Service sold its 95 percent stake in IT Kontrakt to private equity fund Oaktree Capital Managenent for PLN 147 million, the company said in a market filing. Work Service acquired IT Kontrakt back in 2012, paying PLN 52 million for 75 percent shares, later increasing its sta...

Locked content Work Service with several foreign acquisitions on the horizon

Exact Systems, a subsidiary of WSE-listed Work Service has signed term sheet addendum regarding acquiring shares in outsourcing companies in France, Romania, Morocco and Turkey, the company said in a market filing.The preliminary takeover deals are expected to be signed by May 31. Exact plans to buy...

Locked content Work Service buys major Hungarian employment agency

Work Service, Poland’s largest employment recruiting consultancy, has signed an agreement to purchase 25 percent of Hungary’s Prohuman Agency . This will give Work Service effective control over 100 percent of its financial capital. The Polish press stated that the announcement was made on Tuesday, ...

Locked content Polish workers still seeking employment abroad – Work Service study

A recent study by the Polish personnel consultancy and employment agency Work Service claims that 12 percent of Polish employees are considering moving abroad within the next year. The report, released in the Polish press on Monday, also indicated that most of those who would like to move to other c...

Locked content Work Service report: fewer Poles want to emigrate to the UK

A recently released study by the staffing and recruitment firm Work Service indicated that, presently only 14 percent of Polish citizens were considering moving to the UK to improve their job prospects. The figure represented a decrease of 16 percent when compared with the number of Poles who wanted...

Locked content More than 50% of unemployed Poles consider labor migration

More than a half of unemployed Poles consider labor migration, according to the latest Work Service survey. As much as 53 percent of unemployed Polish citizens intend to migrate in order to find a job outside Poland. This number increased by 14 percent, compared to survey in autumn 2015. About 24 pe...