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Your email address will not be published.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
AFI Brasov Mall begins the construction with 80 per cent assigned spaces

AFI Romania announced that the leasing campaign in AFI Brasov has advanced and has already assigned 80% of the spaces, a press release informs.

 Read Full article »
Logicom to acquire Romanian IT distributor Gemini

Logicom Information Technology, a subsidiary of Logicom Public Limited signed a pre-sale purchase agreement for the acquisition of Romanian IT distribution company Gemini.

 Read Full article »
InnovMatch Competition in solving business challenges

InnovMatch aims to enable innovative companies, start-ups, developers, entrepreneurs and students from around Central and Eastern Europe to tackle specific business challenges, and by using SAP Cloud Platform,

 Read Full article »
Zitec plans 5 million Euro worth business this year

Zitec, major provider of personalized technology solutions, services and products in Romania, announced it recorded a 30 per cent increase in turnover in the first half of 2017, compared to the same period in 2

 Read Full article »
Smartree: Romanian private sector wages up 7 pct on average in H1

HR outsourcing consultancy Smartree says that wages in the private sector rose by an average of 7 percent in the first half of this year compared to the same period of last year, mainly due to the increase of t

 Read Full article »
NTT Data takes up 4,000 square meters in Unirii View office project

NTT Data Romania, the software services and solutions provider, leased 4,000 square meters in Unirii View office project, the 18th floors tower that is being under development in downtown Bucharest, only five m

 Read Full article »
Eucom Survey: 2 out of 3 Romanian employees would learn a foreign language in order to advance in their career

The interim results of the latest survey conducted by Eucom, foreign language courses provider and part of the Ascendis Group, show that 2 out of 3 Romanian employees (66per cent of all respondents) want to lea

 Read Full article »
Google offers 30.000 US dollars grant for supporting computer science in Romania

Union of Romanian Informatics Teachers - UPIR has received a 30,000 US dollars worth grant from Google to create an online community dedicated to computer science high-school teachers.

 Read Full article »
Siveco's Newton project brings top-notch technology in schools for children with special needs

A pre-testing lesson in physics using 3D, Virtual Reality and Augmented Reality content develped by SIVECO Romania brought unexpected success for students with impaired hearing, within the NEWTON European proje

 Read Full article »
The IT sector in Romania anticipated to reach 12 per cent of GDP until 2025

Romania's IT&C sector will increase to 12% of the GDP in 2025, from a current value of 6% of the GDP, said Marian Popa, head of DB Global Tehnology's IT center in Bucharest, citied by Mediafax newswire.

 Read Full article »
 
MOST RECENT VIDEO
 
 
MOST READ ARTICLES
» Voxpro opens office in Bucharest and h...
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» AFI Brasov Mall begins the constructio...
» Comdata to buy four subsidiaries of Fr...
» Welcome onboard!
» Logicom to acquire Romanian IT distrib...
» Romanian Outsourcing Awards for Excell...
» Genpact's COO: Staying ahead of the cu...
» EY: Work-life balance has become more ...
» ASE's HR Master – helping students i...
 
EDITOR CHOICE
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 »
EY: Work-life balance has become more difficult to be managed by one third of full-time employees in 8 large countries

EY's global survey of full-time workers in eight countries finds that one-third say managing work-life has become more difficult, with younger generations and parents hit hardest.

 Read Full article »
Welcome onboard!

By 2020, some 200.000 people are expected to work in business shared services in Romania, doubling the current employment portfolio enrolled in more than 120 companies operating BPO, SSC or ITO services. Howeve

 Read Full article »
Thierry Blain, SG EBS: Bringing teams to the next level

The journey of Societe Generale European Business Services began with the need for a strategic location to sustain and transform European operations of Societe Generale Group. The purpose was, from the early da

 Read Full article »
TELUS International Europe: Issue 3 - Customers First magazine! Strategy and innovation in travel and hospitality

The third issue of our Customers First magazine is now available! The latest edition is all about travel and hospitality, featuring insights from industry experts and top brands like JetBlue, Turo, Joie de Vivr

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