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French entrepreneur Marc Braillon died aged 80 on Friday 23 August. Mr Braillon was the founder and CEO of the one of the earliest staffing firms in France, RMO (Relation Main d’Oeuvre).
Founded in 1964 by Braillou, RMO specialised in providing civil engineering and construction workers. The company soon became a leader in a market benefiting from the large construction projects commanded by the Pompidou administration in the 1970s.
By 1991, RMO counted as many as 29 subsidiaries, and 2,300 employees; and had diversified its portfolio to activities such as building maintenance, insurance brokering, travel agencies, and publishing. The staffing business alone recorded a revenue in the range of €300 million. Nevertheless the group was declared bankrupt the same year, and close examination of the company’s accounts revealed some irregularities. In 1996 Braillon was found guilty of non-payment of VAT and using of the company’s funds for his personal benefit.