Compared to the first quarter of 2009, Trend Consult’s revenues for the three months period ending March 31 climbed 30%.
“Even though the beginning of the year was and it still is very challenging at least until our customers’ business direction becomes clear, we anticipate a pickup in training sessions demand, with order backlog accumulated due to the stagnation of the market in the past two years. We believe that we’ll see a flurry of activity in the last two quarters of 2010 compared to the same period of 2008”, said Adrian Florea, managing partner Trend Consult.
The company predicts a year-on-year increase in revenues of 30% from €960,000 in 2009.
“In 2010, the customization level of training programs will improve. We’ll see more and more tailor-made programs that will be far removed from the standard format”, said Florea.
The companies that earmarked the most in training in 2010 have been those in banking, IT&C sectors and industry, according to Trend Consult.
In February this year, Trend Consult opened in Poland its second office outside Romanian borders. The investment for opening the subsidiary stood at €150,000. Trend Consult holds 70% shares in the overseas office, and the remaining 30% shares are held by a local partner. In 2008, the company made its first move abroad, when it opened an office in Austria that represented an investment of €300,000.
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