EUROJOBS is arranging an increase in its capital stock – for being prepared to benefit from the growth after the economic crisis
According to its own account the international operating company EUROJOBS has been less affected by the economic crisis than its competitors (decrease in turnover compared to last year of about 20 % to 75 Mio EURO). However the crisis has particularly affected personnel leasing companies. Therefore an increase in capital is essential.
Including expenses for corporate reorganisation of serveral hundred thousands EUROJOBS group achieved an EBITDA of -1,5 Mio.
Due to fact that the German and Liechtenstein market had a good development and thanks to EUROJOBS's specialised companies the performance of EUROJOBS in 2009 was better than expected.
The Management had initiated a reorganisation of the company at the beginning of the economic crisis and was finished at the end of 2009.
Nevertheless EUROJOBS needs an increase in its capital stock.
EUROJOBS wants to take advantage of the beginning growth of the economy. "Especially directly after crises the opportunities for pesonnel leasing companies are excellent", says Mr. Zehetner.
EUROJOBS is planning an increase in its capital stock in the double digit million range, which is going to take place in the next weeks.
Since 2006 a second investor has been on board, which has been a prudential and future orientated decision.
HYPO EQUITY, Athena Investment Corporation and Vienna Corporation of growth funds are strong equity partners of EUROJOBS.
For further information contact:
EUROJOBS Personaldienstleistungen AG
KommR Gerhart Zehetner
CEO
T +43 (0) 5 7801- 4017
E g.zehetner(at)eurojobs.at
W www.eurojobs.at
