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Germany – Amadeus FiRe's EBITA up +17.4%

6 February 2011

Revenues were up by +6.1% from 110.7 million Euro in 2009 to 117.5 million Euro in 2010 at Amadeus FiRe AG (AAD:GER), the temporary and permanent staffing group.

Preliminary figures published yesterday for the 2010 financial year show that gross profit totalled 48.4 million Euro in 2010, an increase of...

UK – InterQuest trades in line with expectations

6 February 2011

IT staffing specialist, InterQuest Group Plc (ITQ:LSE), has published an update on trading for the year ended 31 December 2010.

The group has traded in line with market expectations for the year, with strong growth in financial services offsetting the anticipated decrease in public sector business. ...

Germany – Job AG announces new acquisition, seeks more

6 February 2011

Job AG, the German Human Resources agency with 60 offices nationwide, has acquired Berlin-based specialist staffing agency Bräse & Hagedorn with immediate effect.

Bräse & Hagedorn is a privately owned company. It was founded in 2000 and operates exclusively in Greater Berlin. The agency specialises...

Netherlands – Crack down on illegal staffing agencies

6 February 2011

The Minister for Social Affairs, Henk Kamp, has promised to crack down on illegal staffing agencies in The Netherlands, which exploit tens of thousands of temporary employees from Poland and other Eastern European countries, many of whom are under-paid, get no sick pay and are charged too much for poor...

Germany – Equal pay for equal work will not work

6 February 2011

Two associations representing temporary employment agencies have commented on the coalition government's current negotiations on how to deal with the opening of the labour market to staffing agencies from Eastern European member states of the European Union and the implied fear of wage dumping this is...

Europe – Single permit to live and work in the EU

6 February 2011

A new directive on a single permit to live and work in the European Union (EU) proposed by the European Commission aims to streamline bureaucratic procedures for all potential immigrants applying to live and work in an EU Member State, by enabling them to obtain work and residence permits via a single...

UK – Quality of management crucial to lift employee morale

6 February 2011

This quarter's Employee Outlook Survey from the Chartered Institute of Personnel and Development (CIPD) illustrates the extent to which employees are concerned about their standard of living, as inflation continues to erode the real value of wages. The survey of 2,000 employees finds almost a third...

Europe – Improved gross margins in Q4 2010 deliver upside surprise at Manpower

6 February 2011

Revenues were up by +18.1% from $4.41 billion in Q4 2009 to $5.2 billion in Q4 2010 at Manpower Inc. (NYSE:MAN), the world's third-largest staffing firm. In constant currency, revenues were up by +22.1%, in line with management guidance.

On a constant basis, gross profit increased by +23.5% to $906 million....

France – Synergie's revenues up by +31.6% in Q4 2010, seeks acquisition in Germany

6 February 2011

Revenues were up by +31.6% from 258.6 million Euro in Q4 2009 to 340.2 million Euro in Q4 2010 at Synergie SA (SDG:PAR), the staffing and training services group.

In France Synergie's revenues were up by +21.2% from 166.8 million Euro in Q4 2009 to 202.2 million Euro in Q4 2010.

In other European countries...

UK – Horton International UK merges with Ruston Poole International

6 February 2011

International Pharma and Life Sciences Executive Search group, Ruston Poole International (RPI), has announced a merger with Horton International in the UK to become part of their global organisation. All future UK-led recruitment activities in the Pharma/Life Sciences sector will be carried out under...