Staffline Secures Vinci Contract Extension, BMW Supply Agreement
22 March 2022 - 7:54PM
Dow Jones News
By Anthony O. Goriainoff
Staffline Group PLC said Tuesday that it has secured a five-year
contract extension with Vinci Construction UK, as well as a new
long-term supply agreement with Bayerische Motoren Werke AG.
The U.K. recruitment-and-training company said its Datum
Recruitment Process Outsourcing consultancy's agreement with Vinci
builds on an existing contract dating from 2014 to manage its U.K.
agency labor requirements. It added that the extension gives Datum
exclusivity over a pipeline of Vinci's infrastructure projects.
Datum specializes in the management of temporary workers on
behalf of third parties, the company said.
Staffline said separately that its Recruitment GB division
reached a long-term agreement to supply BMW with flexible
operational workforces, as well as a number of specialist roles,
for its manufacturing sites in England.
The company said it expects the contract to start in the second
quarter and that BMW will become one of its top five clients.
It added that this contract will help to see the group's
activity within this segment return to prepandemic levels from the
second half of the year onward.
Shares at 0801 GMT were flat at 61 pence.
Write to Anthony O. Goriainoff at
anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
March 22, 2022 04:39 ET (08:39 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Bayerische Motoren Werke (TG:BMW)
Historical Stock Chart
From Mar 2024 to Apr 2024
Bayerische Motoren Werke (TG:BMW)
Historical Stock Chart
From Apr 2023 to Apr 2024