Locked content Work Service signs prelim. deal to sell Exact Systems

HR company Work Service signed a preliminary agreement to sell 69.09 percent stake in Exact Systems. The buyer is Remango Investments, an SPV established by Paweł Gos, Lesław Walaszczyk and a fund tied to CVI Dom Maklerski. The price was set at PLN 139.8 million, however, the payment of PLN 13 mln w...

Locked content Work Service to sell Hungarian peer

WSE-listed HR consultancy firm Work Service will sell its stake in the Hungarian peer Prohuman 2004 Kft., the company said in a market filing. This is a reversal from a few months back, when the company said in its annual report that it plans to acquire the remaining stake in its subsidiary using th...

Locked content Work Service extends Exact Systems sale deadline

WSE-listed HR firm Work Service has, yet again, extended the exclusivity period for selling its shares in Exact Systems until July 31. Back in April, the company signed a framework deal with Exact Systems managers to sell the stake for PLN 162.64 million and expected to sign a preliminary binding ag...

Locked content Poles want to work in Germany, the Netherlands – report

Poles are most willing to work in the euro zone countries, such as Germany (31.4 percent) and the Netherlands (15 percent), according to a recent report by HR consultancy Work Service. Moreover, if Poland were to adopt the euro it would be an incentive to travel abroad for work for over 1/3 of emplo...

Companies face more recruitment issues – report

According to a report published by HR consultancy Work Service, the number of companies that have trouble filling vacancies has increased by 18 percentage points last year. Currently, every other company is facing such difficulties.

Report: 25% of companies will invest in work automation

As many as 25 percent of companies plan to invest in work automation and replace some of their employees with machines or robots, while 60 percent do not plan such actions, according to the latest Work Service survey. As experts point out, in the coming years’ staff shortages will be covered b...

Locked content Unemployment to drop below 6% this year – Work Service

The registered unemployment rate in 2018 will be single-digit in all voivodships, and on the national scale, we can record results below 6 percent forecasts HR consultancy Work Service. “We have a year of big investments ahead us which are supposed to be a driving force for economic developmen...

Locked content Work Service with PLN 1 mln Q3 profit

WSE-listed HR consultancy Work Service had a PLN 0.96 million net profit in Q3, compared to PLN 10.83 million profit last year. The result was affected by several one-offs, including the sale of its Proservice subsidiary. EBIT amounted to PLN 14.41 million against PLN 17.37 million year earlier. Con...