Latest News  

Smartree business rose 33% in the first half due to larger demand in temp work

Smartree, one of the leaders in Romanian market for outsourcing HR processes, achieved a turnover of about 5.5 million Euro (24.65 million RON) in the first half of the year, up 33% compared to the same period of last year.

2016-08-23 11:45:59 - by Bogdan Tudorache

The advance of the business was due to the growing demand for solutions for optimizing internal processes from local companies in the first quarter, and to larger demand for temporary work and payroll services, the two pillars for growth in the second quarter.

"In the second quarter, the biggest advance was recorded by the temporary employment sector, a trend felt across markets due to more dynamic economy as a whole. Both companies and employees began to take profit increasingly by the larger flexibility offered by this system," says Adrian Stanciu, CEO, Smartree.

Thus, if in the first half of 2015 the temp work grew by less than 10% from the same period of 2014, this year it made a greater contribution to the business, reporting an increase of 40% in the first half, compared to the first six months of 2015.

"During peak periods, recruitment infrastructure in temporary work is complex. Companies increasingly turn to specialized agencies in this regard to cover staffing needs on certain projects, which they greatly relieve the recruitment and management of staff. This option, which contributes to achieving business objectives and project delivery, is considered increasingly more often, regardless of open positions," explains Adrian Stanciu.

Another highly requested service especially in the second quarter was the payroll, segment which grew 15% in the company's business in the first half of the year compared with the same period last year.

Regarding the outlook for the second half of the year, representatives Smartree expects further significant increases on all lines, especially in the area of temporary employment.
In 2015, Smartree recorded a turnover of 9.6 million euros, 15% more than in 2014.


0 COMMENTS ^ Go back to Top
WRITE A COMMENT ^ Go back to Top
 
Your email address will not be published.
Nickname
Email
Comment
Validation Code
   
 
 
NEWS
Stefanini named Eliza Irimia Financial Director for the EMEA region

Eliza Irimia joined Stefanini IT solutions company, with operations in 39 countries and 88 offices around the world, as Financial Director for EMEA. From this position, Eliza will coordinate the company's finan

 Read Full article »
The business environment - invited to get involved in the development of future employees

Over 5,400 Romanian young people have participated in the Duke of Edinburgh's International Award program in Romania (DofE) over the past six years, the personal development program that gives young people aged

 Read Full article »
Oracle study: Moving To IaaS is fundamental to remaining competitive

Research reveals benefits of Cloud Infrastructure established as a clear differentiator. A survey of 1,600 senior IT professionals explores the benefits and misconceptions surrounding IaaS adoption, according

 Read Full article »
Mihnea Diaconu appointed development manager at Webhelp

Webhelp Romania aims to consolidate and develops its local operations by hiring Mihnea Diaconu as Business Development Director.

 Read Full article »
The biggest FAB LAB from Romania has been opened in Iasi

Based on a concept made by the Miolk team, Fab Lab Iasi has a surface of over 700 sqm and it offers different scenarios for flexible use of the space (competition areas, co-working, makerspace, teaching rooms,

 Read Full article »
Deutsche Bank makes its computer code publicly available for the first time

Deutsche Bank announces it aims to create a common industry standard for trading technology by making its own computer code publicly available for the first time.

 Read Full article »
Deloitte: Leadership disrupted: Pushing the boundaries 2017 Global Human Capital Trends

According to a study of this year conducted by consultancy company Deloitte, today, Many organizations need a completely different kind of leader: a "digital leader" who can build teams, keep people connected a

 Read Full article »
Coface Technologies team already employs 30 specialists in core business applications

Six months after the inauguration of the IT development centre in Bucharest, Coface Technologies has already formed its first functional teams and has also launched the first successful projects, such as the au

 Read Full article »
Pavel Campan appointed as the new Vice-President of Operations for TELUS International Romania

Pavel Campan has been named Vice-President of Operations for TELUS International Romania. This appointment comes at a time when the company is about to reach 1,500 team members locally.

 Read Full article »
Roxana Tesiu appointed as the new Vice-President of Human Resources for TELUS International Europe

Roxana Tesiu has been named Vice-President Human Resources of TELUS International Europe. In her new role, she will lead the HR teams in both Romania and Bulgaria, at a time when the number of team members in b

 Read Full article »
 
MOST RECENT VIDEO
 
 
MOST READ ARTICLES
» Pavel Campan appointed as the new Vice...
» Roxana Tesiu appointed as the new Vice...
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» Oracle study: Moving To IaaS is fundam...
» Manpower:Romania has world's third hig...
» Molson Coors started to grow its busin...
» SII Romania moves to a new office in A...
» Comdata to buy four subsidiaries of Fr...
» The business environment - invited to ...
» PwC: The competitive advantages of Rom...
 
EDITOR CHOICE
Wipro launches automotive center of excellence in Romania

Wipro Limited, global information technology, consulting and business process services company, announced the launch of an Automotive Center of Excellence (CoE) in Timisoara, Romania. This CoE will help Wipro d

 Read Full article »
TELUS International Europe: The convergence of customer service and digital marketing/NewGen technologies: What does it mean for businesses?

Technology shapes the way we educate, communicate, conduct business and advance science, all while maintaining significant influence on the global economy. But the way we engage with technology is changing

 Read Full article »
Stay updated on People in Shared Services and Outsourcing Forum, October 19

Outsourcing Today organizes the third edition of People in Shared Services and Outsourcing Forum, on October 19, 2017 in Bucharest at Caro Hotel.

 Read Full article »
Preparing for the new future

Business shared services in Romania is by nature a flexible, mobile and diverse community and in this context, local markets develop their own particularities to address the global changes, to adjust to new dem

 Read Full article »
Latest News  
 
about us | newsletter | contact | members area
Copyright © 2015 by Diplomat Media Events Design by Diplomat Media Events