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Hungarian-owned WHC Group has acquired a majority stake in one of the leading HR service providers of the Adriatic region, the Heads Adriatic group of companies.
According to their website, WHC is one of Hungary’s leading HR service providers. Its aim for the past 30 years has been to connect labor market actors and provide a fast, accurate, and tailor-made service to clients. WHC Group, founded in 1990 in Zalaegerszeg, provides services in a total of ten countries.
As a result of the acquisition abroad, WHC has now become one of the largest players in the industry in Central Europe, with about 6,500 leased and 500 internal employees, according to their statement.
Our recruitment area is expanding with several countries, therefore we will be able to serve the labor-force needs of Hungarian companies even more efficiently. Moreover, our further goal is to serve the investments coming to Central Europe from the human resources side as well,”
said Péter Berta, CEO of WHC Group in connection with the transaction.
The scope of activity of WHC Group and Heads Adriatic has created tremendous synergies. Both companies provide services primarily in the field of temporary employment and recruitment, besides that, student employment, HR outsourcing, and payroll accounting belong to their main services.
The acquisition, implemented by WHC Group, is a huge opportunity for both companies, as we can unify our resources and mutually provide each other with access to each other’s markets. In addition, sharing the know-how and exchanging experiences will be extremely useful and we can provide exciting and challenging international career opportunities for colleagues of both WHC and Heads Adriatic,”
highlighted Marko Kolenc, CEO of Heads Adriatic.
Featured image: Marko Kolenc, CEO of Heads Adriatic, Viktor Göltl, CEO of WHC Group, Zoltán Tóth, owner of WHC Group, Péter Berta, CEO of WHC Group and Minister of Innovation and Technology László Palkovics (from left to right) at a press conference on the acquisition of WHC Group and Heads Adriatic at the Crowne Plaza Budapest Hotel on March 22, 2022. Photo by Tamás Kovács/MTI