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Companies looking for 50+ employees – Work Service

Nearly 23 percent of companies employ people over 50 years of age and have plans to increase employment in that age group within the next 12 months, according to a survey conducted by Work Service. Meanwhile 3.8 percent of companies don’t have people over 50 on their payroll but are planning on hiri...

Locked content Work Service with H1 loss due to one-offs

WSE-listed HR consultancy Work Service had a PLN 70.67 million net loss in H1, compared to PLN 8.01 million profit last year. The result was affected by several one-offs, as without them the company would have posted a PLN 6.98 million, the company said in its financial report. The one-offs included...

Locked content Over 50% of companies have trouble finding workers – report

More than 50 percent of employers in Poland claim that they have difficulty recruiting new workforce, which affects their development, according to the latest report by HR consultancy Work Service. According to the report, one-third of the polled companies that are struggling with staff shortages ca...

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...