HR business worth 5m euros for Lugera & Makler

The three human resources companies that make up the Dutch group Lugera & Makler ended 2004 with a turnover of more than 5 million euros, an amount they expect to double this year, said Cristina Savuica, the Lugera & Makler country manager. The three companies in the group together created total profits of 130,000 euros for 2004. “The 2004 results exceeded initial targets and in all likelihood we will exceed the initial targets set (for this year) as we broaden our services and the number of clients increases,” added Savuica. The largest turnover – 4 million euros – belonged to the oldest company in the group, Lugera & Makler SRL, which provides recruitment, training and evaluation services. Established in 2001, the company’s turnover in 2002 was 200,000 euros. The next largest turnover – around 1 million euros – was generated by Lugera & Makler Romania, which specialises in personnel leasing. The third company in terms of turnover, Lugera & Makler Consulting, which provides payroll management services, did not account for much in terms of the total turnover of the group since the company was only established in 2004. ZF