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A Sweden-based staffing firm was yesterday crowned the fastest growing company in the country. Student Consulting, which specialises in the recruitment of young people, has won the prestigious prize, awarded by the consultancy firm Ahrens Rapid Growth.
The staffing firm was last year ranked the eight largest recruitment agency in Sweden, according to research by Staffing Industry Analysts.
In the past six years, the firm has seen rapid growth, showing off an annual growth rate of over 90%. In 2011, the firm increased revenue to €81.0 million (SEK 691 milion), deriving sales from across Sweden, Norway and Denmark.
The firm focuses on staffing services targeted at young people. “We give young people a place to work while we meet the business needs of quality staff,” said Tobias Lindfors, president of the company.
The staffing firm was praised for its resilience, having scooped the award on two previous occasions. The judges said that no other company had been able to match its pace of growth and profits in the 19-year history of the award.
But staffing firms in Sweden have in recent months reported of a slowdown in the industry with some of the largest companies coming under margin pressure.