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Sweden – Hedera Group fourth-quarter revenue and profits surge with boost from acquisitions

22 February 2019

Swedish recruitment services firm Hedera Group (HEGR:SS) reported revenue today for the fourth quarter ended 31 December 2018 of SEK 58.8 million (€5.5 million), an increase of 57.2% compared to last year.

(SEK millions) Q4 2018 Q4 2017 Change Q4 2018 (Change)
Revenue 58.8 ...


Sweden – NetJobs Q4 revenue hit by weak performance in Germany and Sweden, but net loss recovers

22 February 2019

Swedish job board NetJobs (NJOB: STO) reported revenue for the fourth quarter ending 31 December 2018 of SEK 8.4 million (€0.8 million), a fall of 19.5% compared with the same period last year.

(SEK millions) Q4 2018 Q4 2017 Change Q4 2018 (€ millions)
Revenue 8.4 10.4 ...


UK – Government announces new programme to drive up skills in the AI sector

22 February 2019

The UK government announced a new programme of industry-funded AI Masters courses coupled with work-based placements designed to drive growth and productivity and create high-skilled jobs.

The programme will see thousands of graduates become qualified experts in artificial intelligence.

The new skills...


World – Hays net fees and turnover up in H1 but growth in Germany eases

21 February 2019

International recruitment firm Hays (LON: HAS) reported net fees for the six months ended 31 December 2018 with a 9% increase on a like-for-like basis compared to the previous year. The company also reported turnover and operating profit both increased by 9% on a like-for-like basis.

(£ millions) ...


UK – Jarell Group acquires MRN Recruitment, plans further acquisitions in 2019

21 February 2019

Birmingham-based recruitment firm Jarell Group has acquired MRN Recruitment, a specialist in industrial, horticultural and food manufacturing recruitment throughout the Lincolnshire region.

Financial details of the transaction were not disclosed. Jarell Group said the acquisition of MRN will add more...


Northern Ireland – Employment rate reaches record high 70.3% while jobless rate falls to 3.8%

21 February 2019

Northern Ireland’s seasonally adjusted unemployment rate for the period October-December 2018 was 3.8%, down 0.3% when compared to the previous year according to the latest Labour Force Survey from the Northern Ireland Statistics and Research Agency.

The Northern Ireland unemployment rate is below the...


UK – Workers from EU’s strongest economies increasingly searching for jobs in UK, CV-Library finds

21 February 2019

Despite uncertainty surrounding European workers in the UK, new data from UK independent job board CV-Library has found that the number of professionals that are looking for work in the UK has actually risen since the EU Referendum vote in 2016, particularly from some of Europe’s strongest economies....


UK – Judge accuses InterQuest boss of unreasonable and oppressive behaviour in unfair dismissal case

20 February 2019

The former CEO of a medical recruitment company who was accused of fraud and dismissed after raising concerns over tax avoidance has been awarded £60,000 by the London Central Employment Tribunal.

According to People Management, the tribunal ruled London-based medical and paramedic recruitment firm Capital...


UK – Impellam to demerge subsidiary Carlisle Services Group

20 February 2019

UK staffing firm Impellam Group announced today that it plans to demerge subsidiary Carlisle Support Services Group Ltd, in order to focus on its managed services and specialist staffing portfolio.

Carlisle provides support services in the UK, including providing cleaning and security, events management,...


Germany – Job vacancies reach record high in fourth quarter, but economic outlook remains subdued

20 February 2019

Germany recorded approximately 1.46 million job vacancies during the fourth quarter of 2018, a record high, and an increase of 221,000 when compared to the previous quarter, according to data from the Federal Employment Agency’s Institute for Employment Research (IAB).

The IAB showed that job vacancies...