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Work Service takes over IT Kontrakt

The biggest company operating in the Polish HR market has acquired a majority shareholding in IT Kontrakt, the largest Polish supplier of IT specialists and programmers. The company's inclusion in the Work Service Capital Group gives it access to new markets.

“A successful public offering on the Warsaw Stock Exchange has released the funds necessary to purchase 75% of stake in the IT Kontrakt. The addition to the Group enables us to offer new services to our customers in Poland, Germany and Eastern Europe, namely contracting IT professionals,” comments Tomasz Hanczarek, President of Work Service SA.     
 
 The new acquisition marks another step in the current development strategy for Work Service Group. In recent years four similar investments have been completed with an overall value exceeding PLN 100 million. Previous mergers with companies specialising in the FMCG, automotive and medical sectors have produced very favourable results.           
 
 “The inclusion of IT Kontrakt to our Group will not only widen the range of services we can offer, but will also improve our financial performance. We expect a 2012 net profit of PLN 7 million at the level of consolidation,” adds Dariusz Rochman, Vice President of Work Service S.A.   
 
 Work Service S.A. is the largest company in the Polish HR market and focuses mostly on providing innovative solutions in the area of flexible employment, HR consulting and outsourcing of business processes. The company has been trading since 1999, contributing greatly to the establishment of a temporary work market in Poland. Work Service Group also operates
 in the Czech Republic, Slovakia, Russia and Germany with further offices in Romania, Turkey and Ukraine. Work Service places 150 thousand people into more than two thousand positions each year.  Work Service is a key partner to a number of companies including: Orange, VW, Reckitt-Benckiser, Canal +, Allianz, GM and Kraft.             

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Work Service Capital Group provides services in the area of HR management. It specializes in selection and recruitment of qualified employees, personnel consultancy, full outsourcing of functions related with HR and auxiliary processes management in companies as well as offering solutions based on usage of temporary employment contracts. Work Service S.A. is the largest service company on the Polish HR market, operating in the whole country through the network of branch offices as well as abroad in five countries of the Central and Eastern Europe. Work Service has been present on the market since 1999, and due to long-term cooperation with the largest employers in Poland and abroad it has full knowledge of the labour market and comprehensive solutions supporting management. Even 1000 large companies have already chosen Work Service to be their business partner, appreciating the company’s experience, professionalism and individual approach. Each year, thanks to Work Service, as many as 150 thousand people find employment.

 

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