Eurostaff Ranked 14th on The Recruiter/Catalyst Corporate Finance Fast 50 Report

The Recruiter/Catalyst Corporate Finance 2009 Fast 50 ranks the fastest growing private recruitment businesses in the UK by sales.

The Fast 50 assesses temporary and/or permanent recruitment companies which are registered in the UK as private, independent and unquoted companies. This category includes private companies that are backed by private equity houses. All companies considered for inclusion in the Fast 50 achieved a level of annual sales of £5m or above in at least one of the three financial years assessed.

Eurostaff achieved 14th place on this list and Mark Znowski, Managing Director, was interviewed by Julian May from Recruiter magazine:

“Mark Znowski, director, and co-founder Paul Flynn decided to focus on Germany and the Benelux region from the firm’s London headquarters, rather than the “saturated” UK market.

The partners concentrated on high level project and programme managers on a contract basis with clients such as IBM and AXA, which were “high yield areas with placement fees of five figures”.

Eurostaff only employs the top graduates, training them to become leaders in their fields, said Znowski.

‘Warts and all’ honesty with staff has helped keep attrition low, and keeping hold of key staff has helped to grow the business. Eurostaff is also debt free — there is no venture capital.

The company is expanding in 2009, launching its Gulfstaff brand, focusing on the Middle East region, based in Abu Dhabi.

Eurostaff has also begun high-level engineering and HR recruitment in Europe and is setting up an office in Germany this year to be closer to its clientele.

“We hope to turn over about £20m this financial year. We aim to be one of the top international recruiters, by gross profit, in the next five years,” said Znowski."