Daily News

View All News

Poland – Slowdown in automobile industry hits staffing services

03 December 2012

In the third quarter of the year, turnover in the Polish staffing industry only increased marginally when compared to a year ago to reach a total of about €126 million (PLN 517 million), according to the Polish association of temporary employment agencies (Polish HR Forum).

Year-on-year, turnover grew under 1% while sales improved by nearly +6% on the previous quarter. The association said that the European debt crisis took its toll on temporary staffing services in the country. This comes after business activities slowed especially in 2009 and 2010 due to the global economic downturn.

The largest sector in the Polish staffing industry is the automobile sector, followed by engineering and the food industry. But the automobile industry suffered from deteriorating market conditions in the quarter and posted a -12% fall in revenue year-on-year.

“Employment agencies are feeling the pessimistic employer sentiments. This can especially be seen in the automotive industry. Global turnover in this industry fell by -25%. As most customers of our clients are located abroad this greatly affects the health of the sector in Poland,” said Anna Wicha who heads Polish HR Forum.

Other markets seeing a decline in the third quarter include the retail sector which suffered from a fall in consumption, as well as the hospitality, construction and public sector.

However, temporary agency work was much in demand in the pharmaceutical business which saw strong sales figures in the quarter, followed by engineering and the food industry. 


Add New Comment

Post comment

NOTE: Links will not be clickable.
Security text:*