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UK – Morson's 2010 results in line with market expectations

1 February 2011

Morson Group Plc (MRN:LSE), the provider of technical engineering personnel and project design solutions has today announced the following trading update ahead of its preliminary results for the year ended 31 December 2010:"Morson's trading performance for the 2010 financial year is expected...


Sweden – Uniflex's net sales up by +80% y-o-y in Q4 2010

1 February 2011

Net sales were up by +75% from 77.8 million Euro in 2009 to 135.9 million Euro in 2010 at Uniflex AB (UFLXB:STO), the Sweden-based staffing group.A trading update for the year and the fourth quarter ended 31 December 2010 reveals that operating profit for the full year of 2010 amounted to 8.2 mil...


UK – Matchtech's annual profit to be -20% below consensus expectations

1 February 2011

Net fee income was up by +8% from 12.5 million Pounds in H1 2010 to 13.5 million Pounds in H1 2011 at Matchtech Group Plc (MTEC:LSE), the specialist technical recruitment company.A trading update for the six months ended 31 January 2011 released today shows that net fee income from contractors wa...


Eastern Europe – Quotas for people with disabilities in Hungary expected to result in job losses

1 February 2011

Temporary employment agencies in Hungary are expected to lay off a large number of employees in 2011 as they face higher costs due to changes in regulation regarding the employment of people with disabilities, specialist publication HVG reports. Companies in Hungary which employ more than 20 peop...


Europe – EU unemployment rate maintained at 9.6% in December 2010

1 February 2011

The latest unemployment figures published today by the Statistical Office of the European Union (Eurostat) show that the seasonally-adjusted unemployment rate in the Euro area (EA16) was 10.0% in December 2010, unchanged compared with November. It was 9.9% in December 2009.The unemployment rate i...


Switzerland – Optimism in the air

1 February 2011

A new report published by professional services firm Deloitte based on research carried out among Chief Financial Officers (CFO) in Switzerland reveals that 76% of respondents have a positive outlook for the Swiss economy over the next 12 months.CFOs are upbeat on revenues and see growth through...


Ireland – Central Bank reduces GDP growth forecast significantly

1 February 2011

The Central Bank of Ireland has slashed its forecast for economic growth in 2011, projecting that Gross Domestic Product (GDP) will expand by +1% as opposed to the +2.4% forecast by the Central Bank in October 2010.The Central Bank expects GDP to expand by +2.3% in 2012.The Bank said in its lates...


UK – Doctors are not businessmen, says Hays

1 February 2011

Hays Health & Social Care, the recruiting experts in qualified, professional and skilled people, have commented on the new Health & Social Care Bill.Under the Bill published earlier this month two tiers of management will be scrapped and their powers given to commissioning consortia led b...


Luxembourg – New General Director at Adecco

1 February 2011

After more than ten years in the Grand Duchy of Luxembourg as Country Manager, the time has come for Noël Dubois to pass on the torch. He will now focus on his role as Regional Director for Wallonia and Brussels.From 1 April 2011, the responsibility of the three brands of the Group (Adecco, Ajilo...


UK – SThree increases profits despite fall in revenues in 2010

31 January 2011

Revenues for the year decreased by -8.6% from 519.4 million Pounds in 2009 to 474.5 million Pounds in 2010 at SThree Plc (STHR:LSE), the international specialist staffing firm.Preliminary results for the year ended 28 November 2010 published today show that gross profit for the year decreased by...