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Top largest training companies in first quarter

Camelia Bucioveanu, 20 Apr 2010

Romanian version

The largest training companies in Romania are optimistic about industry’s recovery in the second quarter, which is poised to emerge from the deep freeze it’s been in for the past year. Wall-Street compiled a list of eight largest training companies in Romania by their first-quarter revenues.

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#8 ForPeople - €60,000

On the eight spot in Wall-Street list is ForPeople trainer that reported revenues of €60,000 in the three-month period into March 2010, down 40% from year-ago quarter.

“Surprisingly, our first-quarter 2009 turnover has been very good, of more than €100,000. But unfortunately, the period after has been really poor, that didn’t allow us to grow as we planned. We had no idea what an economic crisis was about or the extent of the damage it would cause. In 2010, we had more realistic expectations and hence managed to achieve our goals”, said Marius Balasoiu, general manager of ForPeople.

For 2010, Balasoiu forecasts revenues of €400,000, with the biggest growth rate in second and fourth quarter.

The trainer posted annual revenues of €300,000 in 2008 and profit of €68,000.

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Top largest training companies in first quarter

#8 ForPeople - €60,000

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