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Spain – Grupo Eulen to focus on internationalisation amidst family feud

21 February 2013

Grupo Eulen, one of the major staffing companies in Spain, plans to generate over half of its revenue from abroad in the near future. The news was revealed by Vice-President María José Alvarez at a lecture in Madrid on Wednesday.

“We hope that, in a short time, countries outside Spain [will generate] 50% of turnover,” said Ms Alvarez. Outside Spain, the firm operates in Portugal, the United States, Chile, Colombia, Costa Rica, Jamaica, Mexico, Panama, Peru and the Dominican Republic.

She said that internationalisation is a main part of the firm’s business strategy. But she did not comment on the alleged feud among family members. The firm is known as a family business, making headlines in the past over board dramas involving various members of the family.

Grupo Eulen is a member of the largest trade body in the Spanish recruitment industry, the newly formed organisation Asempleo. Founded in 1962 by David Álvarez Díez, the company achieved over €1.348 billion in consolidated sales in 2011 most of which comes from security services. Revenue from temporary staffing was €4.8 million.

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