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Spain-based recruitment company Eurofirms announced its expansion into neighbouring Portugal, opened two offices; one in Lisbon and one in Porto. The two offices will focus on providing temporary staffing and outsourcing services.
Eurofirms will focus primarily on the financial, insurance, industrial, and hospitality sectors. The opening of the two offices in Portugal represents an investment of half a million euros. According to the forecast of Eurofirms’ financial department; the new offices will not become profitable until 2014. The goal is to achieve turnover of more than half a million euros within the year.
Eurofirms provides temporary staffing in the agricultural, hospitality and call centre sectors while Eurofirms Foundation is a non-profit organisation focusing on the integration of people with physical or mental disabilities in the workplace, and the management of resources to facilitate their integration. The company has also been expanding rapidly in its home market and opened two new offices in Valencia and Pamplona in January 2013 followed by three more in Cartagena, Bilbao, Logroño in March 2013. Temporary employment is more common in Portugal than in Spain. The proportion of the working population engaged in temporary work in Spain is 0.5%, compared with 1.6% in Portugal. Both countries face significant employment challenges; Spain has the highest level of unemployment in Europe and Portugal the third highest.