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UK - Servoca acquires minority interest in subsidiary undertaking

6 May 2011

Servoca Plc (SVCA:LSE), the specialist outsourcing and recruitment solutions provider, today announces that it has acquired the minority interest in its subsidiary undertaking, Triple West Medical Limited, for an aggregate sum of 492,392 Pounds, comprising both shares and cash. Triple West w...


World - Talent wars rage despite recession

6 May 2011

The Heidrick & Struggles Global Talent Index released today shows that demand for talent across the globe is outstripping supply and that countries are not moving fast enough to prepare workers for the needs of tomorrow's economy. In addition, the report finds one in three executives worldwid...


Switzerland - Unemployment falls to 3.1%

6 May 2011

The number of jobseekers registered with the government's job centres (ORP) fell by -11,457 individuals to 123,448 in April 2011 compared with March 2011, according to the latest figures published today by the State Secretariat for the Economy (SECO).The unemployment rate fell from 3.4% in March...


Germany - Industrial orders fall by -4% in March 2011

6 May 2011

The number of incoming orders for industrial companies fell by -4% in March 2011 when compared with the previous month, according to new data published by the Ministry for the Economy (Bundeswirtschaftsministerium).Domestic orders fell by -3.5%, month-on-month, whilst international orders fell by...


UK - Spending cuts, higher taxes and inflation constrain growth

6 May 2011

The economy is forecast to grow but at a sluggish pace. Not until 2013 will the economy grow faster than its trend rate of +2.1%. Growth this year will be constrained not just by the government's spending cuts but by the squeeze on households from higher taxes and rising inflation, according to t...


Austria - Quotas for women on boards approved

6 May 2011

The Austrian government has agreed the implementation of female quotas for supervisory boards of state-owned companies, according to the European Industrial Relations Observatory (EIRO). A quota of 25% is to be brought in by 2013 with an increase to 35% by 2018.The new regulations will affect 55...


UK - Network Group announces three acquisitions

5 May 2011

Network Group (NGH:LSE) has announced that in recent weeks it has made three acquisitions. On 15 April 2011 NGH acquired the business and assets of Sheridan Maine Limited, a recruitment business specialising in the accountancy and finance sector based in the south of England.  The total cons...


UK - ReThink's Q1 gross profit up +37.7%

5 May 2011

ReThink Group Plc (RTG:LSE), the staffing and professional services firm, is holding its AGM at 11.00 am today at which the following statement will be made by John Sadiq, the Chairman of the company."The company announced its results for the year ended 31 December 2010 on 7 April 2011. In t...


Sweden - Wise's revenues up +63%

5 May 2011

Revenues were up by +63% from 2.93 million Euro in Q1 2010 to 4.8 million Euro in Q1 2011 at Wise Group AB (WISE:STO), the Sweden-based provider of services and tools in the area of Human Resources Management (HRM).Interim results for the three months ended 31 March 2011, published today, reveal...


Eurozone - Employment rises as firms boost capacity

5 May 2011

At 56.7 in April, the final 'Eurozone Services Business Activity Index', published by research firm Markit, came in slightly below the earlier flash estimate of 56.9 and was weaker than March's reading of 57.2. However, the drop in the index signals only a very modest cooling from the buoyant pac...