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BMW Bayerische Motoren Werke AG

103.40
0.35 (0.34%)
06 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Bayerische Motoren Werke AG TG:BMW Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.35 0.34% 103.40 103.20 103.55 103.80 102.60 103.05 50,884 22:50:02

Staffline Secures Vinci Contract Extension, BMW Supply Agreement

22/03/2022 8:54am

Dow Jones News


Bayerische Motoren Werke (TG:BMW)
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From May 2021 to May 2024

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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.

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