Recruitment firm beating recession with record figure.
LEADING independent specialist recruitment consultancy IntaPeople has announced record turnover in the past year.
The company said its turnover reached pounds 5m in 2008/09 - an increase of more than 32% for the Cardiff headquartered consultancy.
IntaPeople was established in 1994 and by 1997 it had established itself as one of the leading independent IT, technical and engineering recruitment consultancies in Wales With unemployment at a 12-year high and reports suggesting that 11% of all recruitment consultancies in the UK are making losses, IntaPeople is enjoying its most profitable trading period since 1994. It employs around 30 consultants in Cardiff and plans to increase the head count to 40 consultants within the next two years as the company continues to increase its client base.
Phil Handley, resource director of IntaPeople, said: "To date we've managed to defy the current economic downturn and continue to supply our clients with high level, business critical staff who have the skills, knowledge and know-how that their businesses require to ensure they continue to prosper during these demanding times.
"As a specialist IT, Technical and Engineering Resource Provider we have developed mutually beneficial working relationships with a wide-spread of industry sector clients throughout the UK, Europe and the Middle East.".
IntaPeople recently announced the expansion of its executive and interim management division, IntaPeople IEMD, in response to demand for senior and interim executives from organisations, which need to strengthen their leadership teams through the recession.
IntaPeople's record turnover is in contrast to the recruitment industry which, on the whole, has been experiencing a decline in profits and placements since early 2008. The recruitment market in the UK is expected to fall by pounds 1bn in 2009 from pounds 26.3bn in 2008.
Mr Handley said: "Over the next 12 months we anticipate that the biggest growth will occur in the energy and environmental sector, with many companies looking at green issues and the imple-mentatioof latest IT systems in order to save energy and costs.
"Demand for key engineering workers, for example, has increased by 60% in the last year alone."
IntaPeople's client book includes LloydsTSB, Fujitsu, Lo-gicaCMGWelsh Water, NI Water, Maersk, RPS Energy and Stork Fokker.
It recently relocated to the Longcross Court office development in Newport Road.
Mr Handley added: "We believe that many generalist recruit-mencompanies may suffer badly within the forthcoming predicted recession. However, as a specialist niche supplier of high level, key personnel with business critical experience and skills, we expect to buck the trend and work through the economic downturn."
BEST: Phil Handley, of IntaPeople
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|Publication:||Western Mail (Cardiff, Wales)|
|Article Type:||Company overview|
|Date:||Aug 5, 2009|
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