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Vedior Contec.pdf - AFM

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Amsterdam, The Netherlands<br />

<strong>Vedior</strong> launches new construction recruitment<br />

company in Japan<br />

For release at 9.00am on 6 October 2005<br />

<strong>Vedior</strong> is pleased to announce the launch of a new initiative providing qualified construction<br />

personnel on a temporary basis in partnership with Frontier Construction & Partners Co.<br />

Limited (“Frontier”), a company specialised in providing advisory and consulting services to the<br />

Japanese construction industry.<br />

Based in Tokyo, <strong>Vedior</strong> <strong>Contec</strong> will provide senior engineering personnel on a contract basis<br />

for construction projects initially in the Tokyo Metropolitan area but eventually in other parts of<br />

Japan and abroad. The company will also provide training and support to enhance the skills of its<br />

workforce by gaining additional qualifications through the Japanese National Construction<br />

Industry Training Association.<br />

Zach Miles, <strong>Vedior</strong>’s Chief Executive said, “<strong>Vedior</strong> has a growing presence in the<br />

professional/executive recruitment sector in Japan and this new initiative announced today<br />

represents another step in our plans to develop our services within this fast-growing market. As the<br />

world’s largest provider of professional/executive recruitment, we are ideally placed to take<br />

advantage of growth opportunities in one of the most important recruitment markets in Asia.”<br />

<strong>Vedior</strong> owns 51% of <strong>Vedior</strong> <strong>Contec</strong> with the remaining shares held by Frontier and local<br />

management. Frontier had already established a contract recruitment business to respond to<br />

the demands of its clients, and this has now been transferred to <strong>Vedior</strong> <strong>Contec</strong> to accelerate its<br />

development .<br />

The Japanese staffing market offers significant growth opportunities led by increasing<br />

deregulation, ongoing industry restructuring, compelling demographic trends and an improving<br />

economy.<br />

<strong>Vedior</strong> already provides recruitment services in Japan in the healthcare sector under the brand<br />

Supernurse, outplacement and career management services under the brand Fairplace Japan<br />

and, more recently, permanent placement services under the brand <strong>Vedior</strong> Career.


Company Profile:<br />

<strong>Vedior</strong> is one of the world’s largest recruitment companies and is a full-service recruitment<br />

provider with a diversified portfolio of brands targeting a broad range of industry sectors.<br />

Annual sales for 2004 were €6,467 million.<br />

From its global network of offices spanning Europe, America, Australasia, Asia, the Middle East<br />

and Africa, <strong>Vedior</strong> offers temporary and permanent recruitment as well as a number of<br />

complementary employment-related services such as outplacement, HR outsourcing, payrolling<br />

and training.<br />

<strong>Vedior</strong> has a leading market position in the provision of professional/executive recruitment in<br />

sectors such as information technology, healthcare, accounting, engineering and education. In<br />

order to meet client requirements for all categories of personnel, we also have a significant<br />

global network providing administrative/secretarial and light industrial recruitment.<br />

For further information, please contact:<br />

Zach Miles, Chief Executive<br />

Peter Valks, Member of the Board of Management<br />

Jelle Miedema, Company Secretary<br />

+31 (0)20 573 5609

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