Randstad

Not only is the densely populated country home to Europe's most congested metropolitan region - the area called the Randstad that incorporates Amsterdam, Rotterdam,

TIME.com: Top Stories 2009

Not only is the densely populated country home to Europe's most congested metropolitan region - the area called the Randstad that incorporates Amsterdam, Rotterdam,

TIME.com: Top Stories 2009

Amsterdam is also one of the core urban centres of the greater metropolitan area called "Randstad" Ring City which encompasses other Dutch cities such as Utrecht, The Hague and Rotterdam and has a population of over 7.5 million.

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Patrick Molloy, managing director of Randstad, the country's largest provider of supply teachers, said the cutback in spending had been significant.

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"These conditions bode well for Randstad and should result in another solid quarter."

Randstad's Profit Climbs 18% Maarten van Tartwijk 2010

In the Netherlands, where Randstad generates about one-fifth of total revenue, sales were still down due to the late-cyclical nature of the country's economy, the company said.

Randstad's Profit Climbs 18% Maarten van Tartwijk 2010

Randstad, the world's second-largest staffing firm by sales after Adecco SA, registered a net profit of € 70.2 million ($99.1 million) in the third quarter from € 59.3 million a year earlier.

Randstad's Profit Climbs 18% Maarten van Tartwijk 2010

Separately, Dutch temporary-staffing company Randstad Holding NV said in October that its third-quarter profit had increased 10% but warned that it expects organic revenue growth to slow in the fourth quarter.

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But the Dutch market is recovering slowly and Randstad recorded organic growth there in September, Chief Financial Officer Robert-Jan van de Kraats said, without elaborating.

Randstad's Profit Climbs 18% Maarten van Tartwijk 2010

AMSTERDAM — Dutch staffing group Randstad Holding NV said Thursday it expects healthy growth in the coming months as it reported an 18% rise in third-quarter net profit due to a strong recovery in most of its markets.

Randstad's Profit Climbs 18% Maarten van Tartwijk 2010