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The IWG plc flexible office network format has shown its effectiveness in critical conditions of power shortage in the energy system, Yulia Lytvynenko, the director of IWG plc in Ukraine, told Interfax-Ukraine.
/PRNewswire/ -- IWG, the world's largest provider of flexible workspace, has named Pelle Persson as Head of Development for IWG's operations in the Nordics....
/PRNewswire/ -- IWG, the world's leading provider of flexible workspace has opened its first Spaces centre in the Estonian capital of Tallinn. Located in the...
IWG said income will be 'well below' the previous year as new Covid variants hit demand.
27 April 2021 | 08:05am StockMarketWire.com - Workspace brands operator IWG said revenue fell by more than fifth in the first quarter of the year as lockdowns restrictions continued to stifle demand for office space. For the three months ended 31 March 2021, revenue fell 23.6% to £528.3 million, with pre-2020 occupancy down 820 basis points to 66.4%. The opened 43 locations, including 10 from an acquisition, and closed 55 in the period. Looking ahead, the company touted early signs of improvement. 'Performance has now started to show improvements on multiple KPIs as we exit the quarter,' t...