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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.