Arab Today, arab today randstad to buy leading hr company\s staffing business
Last Updated : GMT 13:27:38
Arab Today, arab today
Arab Today, arab today

Randstad to buy leading HR company\'s staffing business

Arab Today, arab today

Arab Today, arab today Randstad to buy leading HR company\'s staffing business

The Hague - AFP

Dutch temporary job agency Randstad announced on Thursday it will buy the staffing activities of its competitor USG People in a multi-million euro deal to boost its position as a top player in the European marketplace. \"Randstad is to acquire staffing activities of USG People in Spain, Italy, Poland, Switzerland, Luxembourg and Austria,\" in an investment worth 20 million euros ($25 million), Randstad said in a statement. The Amsterdam-based group said the acquisition will add some 434 million euros in annual revenue. \"The transaction offers Randstad an opportunity to increase the density of our network, which is important for our strategic targets,\" Randstad chief executive Ben Noteboom said. \"Randstad will become the number one player in Spain, Poland and Luxembourg, while we increase our market position in Italy and Switzerland. The transaction also enables us to access the Austrian market,\" he said. Randstad expects the deal to be closed by June, subject to the usual regulatory approvals including from the European Commission. Employing around 30,000 people in 39 countries, Randstad generated 17.1 billion euros in revenue last year. Listed on the Amsterdam stock exchange\'s AEX index, USG People is one of Europe\'s leading human resources companies and operates in 10 different countries with a total revenue of 2.1 billion euros last year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today randstad to buy leading hr company\s staffing business Arab Today, arab today randstad to buy leading hr company\s staffing business

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today randstad to buy leading hr company\s staffing business Arab Today, arab today randstad to buy leading hr company\s staffing business

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday