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Gi Group will acquire companies belonging to Work Service in the Czech Republic and Slovakia


Gi Group, one of the worldwide leading companies in the staffing business, will acquire Work Service S.A. companies in the Czech Republic and Slovakia. This will allow Gi Group to strengthen its market position in Central and Eastern Europe. The sale of companies in these countries results from the Work Service S.A. strategy which focuses on the development of operations in Poland. The ...

Work Service awarded the title of "Good Brand 2020" (Dobra Marka 2020)


It is our greatest pleasure to announce that Work Service has received the "Good Brand - Quality, Trust, Reputation" 2020 award in the category of Human Resources Consultancy and Employment Agency Dobra Marka 2020 Laureaci. 

The Ordinary Meeting of Shareholders of Work Service SA approved of the company's financial statements and elected a new Supervisory Board


The approval of the financial statements of Work Service SA for 2019, the granting of a vote of approval to the Management Board and the appointment of the new Supervisory Board are the outcome of the company's first Ordinary Meeting of Shareholders since its majority stake was taken over by Gi Group, the large international player in the HR. The Management Board of Work Service announced ...

Work Service attracts Gi Group as new majority shareholder


On 24th August this year, Work Service, Poland's largest HR company providing innovative solutions in the field of human resources and Gi Group, one of the world's leading staffing companies completed the transaction under which Gi Group acquired a controlling interest in Work Service.

Work Service with revenues above PLN 1.5 billion is getting closer to the new business model


After the first 9 months of this year, the Work Service Capital Group recorded almost PLN 1.57 billion in revenue. The main sources of improved results were operations on the Polish and Hungarian markets. In the third quarter alone, Work Service generated almost PLN 10.5 million of operating profit. EBITDA at the end of September amounted to over PLN 13 million. However, non-cash write-offs made ...

Work Service has one billion revenues and continues restructuring


In the first half of 2018, the Work Service Group generated over PLN 1,04 billion in revenue. On the Polish and Hungarian market, it continued to achieve positive results, but the Group's operating ratios were negatively affected by non-cash write-offs, which burdened the EBIT result by more than PLN 26 million. After excluding one-off charges, the Group achieved comparable results on y/y basis. ...

Work Service improves business profitability in the first quarter


After the first 3 months of 2018, the revenues of the Work Service Capital Group, in a comparable structure of the Group, increased by 5% and its net result improved by over 13% in comparison to the results from the previous year. In the same period, the operating profit exceeded PLN 20 million, and the greatest improvement in results was attributed to the Polish structures of the company. This ...

Change in the composition of the Management Board of Work Service S.A.


On 23 May this year, the Supervisory Board appointed Piotra Ambrozowicza to the Management Board of Work Service S.A. He will hold the position of Vice President responsible for supervision of the financial and accounting policy in the Group and the financial supervision over the Subsidiaries of Work Service Group. Mr. Piotr Ambrozowicz will replace Krzysztof Rewers, who tendered his resignation ...

Changes in the divestiture of Exact Systems


On 21 May, Work Service S.A. concluded Heads of Terms for the sale of all of its 69% shares in Exact Systems (the “Company”). The managers in charge of the Company – Paweł Gos and Lesław Walaszczyk, being minority shareholders of Exact Systems currently holding on aggregate 24% of the shares – joined forces with funds co-managed by CVI Dom Maklerski Sp. z o.o. (“CVI“) as buyers. The prior ...

Work Service completes the transformation processes and is ready to take advantage of the market situation in Central Europe


In 2017, revenues increased by 7,3% and EBIT from business activities reached PLN 67,9 million, according to preliminary and unaudited financial data presented by Work Service Group today. In the same period, three major sales processes were carried out, which allowed the Group to prepare itself for the implementation of a new development strategy assuming the achievement of 3-fold revenues from ...

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