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Encyclopedia > Vedior
Vedior N.V.
Image:vedior_logo.gif
Type Public (Euronext: VDOR)
Founded --
Location Amsterdam, the Netherlands
Key people Zach Miles, CEO
Industry Recruitment
Products --
Revenue € 6.467 billion (2004)
Employees 11,905
Website www.vedior.com

Vedior N.V. (Euronext: VDOR) is an international staffing services company providing flexible labour, based in Amsterdam, the Netherlands. Vedior operates in 43 countries worldwide: almost the whole of Europe, North and South America, Australia and New Zealand, South Africa, Middle East and Asia. Image File history File links Vedior_logo. ... A public company is a company owned by the public. ... Euronext N.V. is a European stock exchange with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. ... Amsterdam Location Country The Netherlands Province North Holland Population 739,295 (1 January 2005) Coordinates 4°54E - 52°22N Website www. ... Recruitment refers to the process of finding possible candidates for a job or function, undertaken by recruiters. ... In business, revenue is the amount of money that a company actually receives from its activities, mostly from sales of products and/or services to customers. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... The front page of the English Wikipedia Web site. ... Euronext N.V. is a European stock exchange with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. ... Amsterdam Location Country The Netherlands Province North Holland Population 739,295 (1 January 2005) Coordinates 4°54E - 52°22N Website www. ...


Vedior was originally created as a spin off from the Dutch retail and services company Vendex, following the acquisition of the French company Bis. In 1999 Vedior's application to purchase Select, a UK based staffing company with operations in the USA and Australia, was approved by the European Commission.


Post merger Vedior became the third largest staffing company in the world. However, the merger was hard to digest and left Vedior in a precarious position with a very large borrowing. Compounded by recessionary US conditions and a stagnant French market, former Select CEO Tony Martin was invited to take the helm of the Vedior group. Through prudent management and better economic conditions Vedior emerged in 2004 as a strong and viable global entity. The current CEO Zach Miles has continued the focus on profitable growth through a series of small but strategic acquisitions. Information about Vedior is available on [1].


  Results from FactBites:
 
Hebels Website: Vedior News (3297 words)
Vedior, the Dutch temporary employment group, yesterday announced that it has launched a public repurchase offer for the 122,167 shares (2.4 percent of capital) of its French subsidiary Bis SA which it does not yet own.
Vedior said it has also identified a Dutch candidate for the position of chief financial officer to succeed Zach Miles, and confirmation of this appointment is anticipated during the summer.
Vedior said that the acquisition of Acsys would double the size of Vedior's presence in the US Acsys would add 40 offices in 22 major metropolitan markets of the US The acquisition will be financed through a EUR 70 mln loan from ING.
  More results at FactBites »


 

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