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Sweden – Uniflex secures contract win

28 August 2013

Swedish recruiter Uniflex (UFLXB: SS) has signed an agreement to provide staffing and recruitment services to NCC-Group, a construction and property development company that covers the Nordic region.

Uniflex is one of three recruiters selected in the agreement, which encompasses nationwide recruitment and extends to July 2015. The contract provides no guaranteed income; however, it could potentially lead to revenue of SEK 20 million (USD 3.1 million) per annum.

Helena Bombas-Holstrom, key account manager at Uniflex Staffing, commented: “We have had well-established cooperation with NCC for several years regarding the staffing of both skilled workers and salaries employees. We now look forward to further strengthening that cooperation through the new agreement.”

This contract win marks the third new contract since April 2013; following successful bidding for SKL Kommentus, Metso Swedish AB, and Posten Meddelande. Despite these successes, the loss of a lucrative contract in March 2013 resulted in Uniflex reporting weak demand and decreased profits in their most recent financial results.     

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