Press

SD Worx, the leading European HR and payroll solutions provider, has acquired Romanian Software S.R.L., the market leader in Romania for payroll and Human Capital Management (HCM) solutions. With the acquisition SD Worx strengthens its position in Central and Eastern Europe and expands its offering of own payroll technology to its domestic and international customers. Romanian Software S.R.L. gains access to SD Worx’s complete payroll and HR software and services and to its expanding presence across Europe.

The diversified investment company WorxInvest and the Flemish Participation Company VPM announce today an agreement where WorxInvest acquires all of VPM’s remaining 27.81% stake in Gimv NV (Gimv), the Euronext Brussels listed European investment company. WorxInvest is the parent company of the leading European HR solutions provider SD Worx. The transaction is subject to customary regulatory approvals.

Over two thirds (66.8%) of European employers are aware of their long-term talent needs yet  However, they tend to search for that talent externally, even though sometimes the solution is right there within the organisation's own walls. Nevertheless, only slightly over a quarter (27%)  choose to train internal employees so that they can fill vacant positions. 34% don't really have a preference. Four in ten employers prefer to fill job vacancies with external talent. Of course, there is nothing wrong with that as such: the fresh ideas and perspectives newcomers bring are often very useful. However, companies that do not allow employees to advance sometimes miss opportunities to leverage all their in-house potential in the war for talent.  These are some of the conclusions drawn from a survey conducted by the leading European HR service provider SD Worx among more than 16,000 employees and almost 5,000 HR managers in sixteen European countries.

Half of companies do not have enough personnel to handle all their necessary tasks. These were the findings from a large-scale study carried out by SD Worx. As many as four out of ten European employers indicate they are having trouble attracting employees, nor do they expect this to improve any time soon. Furthermore, a third  also struggle to retain personnel. To compete in the war for talent, companies should provide regular training and educational opportunities in support of their personnel's continuous development.

SD Worx, the leading European HR and payroll solutions provider, has acquired Gavdi Poland, the market leader of SAP HR solutions in Poland, from the Danish Gavdi Group. Gavdi Poland, headquartered in Warsaw, provides SAP HCM (Human Capital Management), SAP SuccessFactors consultancy and application management services. The company has also own developed solutions that are compatible with SAP HR software and extend its capabilities. Through this acquisition SD Worx reinforces its SAP HR capabilities to help customers in the mid-market and enterprise segments with HR and payroll solutions. 

Three-quarters of companies operating internationally are firmly committed to digitalisation in the workplace. Even so, almost half of these companies still have a long way to go when it comes to integrating their different HR systems with each other. This may also explain why four out of ten employees in the companies surveyed struggle to keep track of all the applications available. These are the results of a study by the European HR service provider SD Worx of 4,833 employers and 16,011 employees across sixteen European countries.