Monster Worldwide Scandinavia AB, a subsidiary of Monster Worldwide, today announced that it has acquired all the outstanding shares of Norwegian online career sales company Arbeidskamerater AS. Consistent with Monster Worldwide Europeís overall corporate strategy, the acquisition of Arbeidskamerater AS will enable Monster.no to expand within the growing Norwegian online career market.
Founded in 2004 as a sales agent for Monster Worldwide in Norway, Arbeidskamerater AS successfully increased the number of jobs available on the Norwegian Monster website from 1,100 in January 2006 to 3,000 in January 2007. Following the acquisition, Arbeidskamerater AS will change its name to Monster Worldwide Norway AS, and Stein-Erik Myhre will continue as business manager of the company.
Norway is a very attractive market for investment because of its highly-favourable economic and labour conditions, said Marc de Vries, managing director, Monster Northern Europe. By acquiring Arbeidskamerater AS, we will solidify our position within the Norwegian online recruitment market, improving our ability to invest aggressively for growth in 2007 and beyond.
Monster Europe operates Monster-branded sites across 20 countries, including: Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, Luxembourg, The Netherlands, Norway, Poland, Spain, Sweden, Switzerland and the United Kingdom.
Monster Scandanavia AB Announces Acquisition of Norwegian Online Recruitment Sales Company
Northern European Expansion Helps Grow Monster.no Career Web Site While Increasing Companyís International Presence
