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Czech Republic - Lugera acquires IT staffing specialist GIT Consult

02 March 2015

Slovak staffing firm Lugera announced it had acquired all the shares of the Czech IT staffing specialist GIT Consult sro, as of 18 February 2015.

GIT Consult provides recruitment and staffing services focusing on IT skillsets. The company was founded in 2000 and has offices in Prague and Brno. The company's turnover in 2014 amounted to EUR 1.8 million, a 53% increase compared with turnover in 2013.

Lugera was founded in 1996 in the Slovak Republic in Trenčín. It currently operates in seven countries: Armenia, Czech Republic, Poland, Romania, Slovak, Netherlands and Ukraine. Lugera provides staffing services such as recruitment and selection of employees, agency employment, payroll and other associated services.

Lugera reported a turnover of EUR 50 million for 2014, representing a 33% increase compared with 2013. In 2014 Lugera employed nearly 6,000 agency employees and processed 20,000 monthly salary sheets for their clients. In Romania Lugera claims it belongs to the three largest provider of staffing services, and among the 10 largest staffing companies in Slovakia.

Although GIT is the first acquisition of Lugera, it is planning to make further acquisitions in Poland, Bulgaria, Slovakia and Romania.

For 2015, GIT is expecting to grow its turnover up to EUR 3 million. The business is currently expanding its team of consultants in Prague and Brno in order to match the increasing demand. It is expecting the main source of revenue growth to come from:

  • Increasing sales with existing clients
  • Reaching new clients in the Czech Republic
  • Offering IT services to domestic and foreign clients.
  • International staffing services in the field of IT and other specialized professionals in the Dutch market.

GIT believes that the acquisition will provide the Czech brand access to Lugera’s broad portfolio of clients.

To read the full press release in Czech, click here.