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France – Groupe Fed announced revenue growth and international expansion plans

27 February 2015

Private French recruitment firm Groupe Fed reported revenue of €56.6 million for the year ending 31 December 2014, an increase of 24% compared with 2013.

During the second half of 2014, Groupe Fed launched Fed Engineering, a specialist engineering and technical recruitment firm, taking its number of specialist recruitment firms to nine.

During the first half of the year Groupe Fed also announced the launch of Interim Resources (Ressources Transition), which focuses on sourcing highly skilled professionals to fill roles associated with managerial emergencies, corporate expansions, restructuring, and crisis management.

The company’s revenue stream is comprised 46% temporary and 54% from open-ended or fixed-term contracts (CDI/CDD).

Alexander Tamagnaud, Co-founder of Groupe Fed, commented: “After an excellent year in 2014, in all respects, 2015 looks set to be a milestone for our company. As always, we want to develop new growth. This year we will go even further by intensifying our development in France, of course, but also by opening our first international offices. With these new facilities, we now want to make Groupe Fed a leading player, worldwide.”