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Double-digit improvement of business results and continuation of transformation

15.09.2017

Revenues of Work Service Group in H1 2017 reached PLN 1.34 billion and increased by over 11% YoY. Sales profit increased in the said period by nearly 30% YoY, while operating result improved by 14% YoY. Process of sale of shares in Groups IT Kontrakt and Proservice was completed within the ongoing Group’s transformation in H1, leading to non-cash deduction, which ...

In 2016, Work Service increased revenues and launched transformation processes

26.04.2017

The Work Service capital group ended the year with consolidated revenues of PLN 2.48 billion, which constituted an increase of 16% year-on-year (higher than the  dynamic of the Central and Eastern Europen market which was estimated to grow by 13%). The company has implemented several changes and announced further transformation in upcoming months. Moreover, the Group, for the first time in ...

Work Service Group sells IT Kontrakt in order to increase market presence in temporary staffing while streamlining the organization

25.04.2017

On March 31, 2017, Work Service S.A. („WS Group”) signed a preliminary share purchase agreement related to the sale of its shares in IT Kontrakt sp. z o.o. („ITK”) to a private equity fund Oaktree Capital Management represented in Poland by Cornerstone Partners. The transaction proceeds of PLN 147m will be used to repay liabilities and finance expansion in WS Group’s core business i.e. temporary ...

New member of the Management Board of Work Service S.A.

20.04.2017

On 20 April 2017, the Supervisory Board appointed Krzysztof Rewers as a member of the Management Board of Work Service S.A. He will take the position of Vice-President responsible for supervision of the financial and accounting policy of the Group and financial supervision of Subsidiaries of the Work Service Capital Group.

A draft of the resolution to be put to the vote at the Bondholders' Meeting on April 14, 2017.

10.04.2017

The Management Board of Work Service S.A. hereby presents a draft of the resolution to be put to the vote at the Bondholders' Meeting on April 14, 2017.

Notice of convening the Meeting of Bondholders of series U bonds

23.03.2017

The attached document constitutes a notice of convening, by the Issuer, the meeting of bondholders of the series U bonds, issued by the Issuer, on the basis of article 50 section 1 item 3) of the Act on Bonds.

Work Service strengthens its position as CEE leader and improves its revenues

28.11.2016

After three quarters of 2016 the Work Service Capital Group’s revenues reached the level of more than PLN 1,8 billion, which represents an increase of nearly 20% in comparison with the corresponding period of the last year. The Group’s gross profit on sales increased by over 23% in comparison with the corresponding period of the last year, while the operating profit increased by depreciation ...

More than 120 debates, 700 panellists, 8 thousand participants. Work Service partner of the European Economic Congress 2016.

01.06.2016

Katowice, 20 May 2016 – Valdis Dombrovskis, Deputy President of the European Commission and Prime Minister of Latvia, Günther H. Oettinger, European Commissioner for Digital Economy and Society, Polish Prime Minister Beata Szydło, members of the European Parliament, ministers and deputy ministers from all over the world, CEOs of the largest companies, experts, and businessmen attended the 8th ...

Work Service Group Revenue Grew by 1/4

13.05.2016

The Work Service Group, the HR services leader in Central and Eastern Europe, reported a growth of sales revenue by nearly 25% YoY to PLN 592 million in Q1 2016. Its EBITDA was PLN 20,37 million, representing an increase of over 7%, and EBIT was PLN 16,67 million. The stable results were generated in spite of the impact of seasonality. According to growth plan presented in March 2016, the Group ...

Work Service Group: a leader on the temporary job market in Hungary

06.05.2016

Prohuman, a company owned by Work Service Group became a leader on the temporary job market in Hungary. Since 2010 it increased its revenue by 600%, and improved its sales by 38% in 2015 only. Last year, Prohuman employed as many as 17 000 temporary workers, significantly outclassing its competitors. The current conditions of the Hungarian job market, with its low unemployment rate and growing ...

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