Spanish consulting firm Vincle opens office in Peru

03 October 2014 Consultancy.uk

Spanish consulting firm Vincle has announced the opening of an office in Lima - Peru, a decision that follows its ambition to expand its footprint in Latin America. With the international expansion the firm hopes to in the coming three years increase its annual revenue with almost $4 million.

Vincle Internacional Technology and Systems is a Spanish consulting firm that provides solutions for business process automation, including SalesWare, MobileWare, Business Intelligence and Corporate Performance Management, and Social CRM. Clients are manufacturers of consumer products and pharmaceutical laboratories, including Danone, ChupaChups, Nutrexpa, L’Oreal and Nestle Health Science. The consulting firm has been established in 1991 by Juan Manuel Recio, and has three offices in Spain - Barcelona, Madrid and Cadiz - and one international office in Bogota, Colombia.

Vincle Internacional opens Lima office

International expansion 
In line with the firm’s ambition to expand internationally, Vincle opened its office in Colombia last May. With the office Vincle can serve local clients in Colombia, and in addition it allows the firm to enter the Brazil, Argentina and Chile markets, with the aim of turning  the Bogota office into a regional operations centre. Now, almost half a year later, the Vincle has announced plans to open a fifth office in Lima, Peru, in 2015, to further expand its footprint in Latin America, and to take advantage of the growth opportunities.

The move follows an ambitous strategy recently announced by Vincle’s Deputy Director General, Hector Recio, who stated that the firm wants to increase its annual revenue from $6.47 million (FY2013) to $10.3 million in the coming three years.

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Newcastle consulting firm opens Baghdad office

05 April 2019 Consultancy.uk

A Newcastle-based consultancy has announced it will open its first office in Iraq. The news comes despite warnings that the area remains “high risk” for businesses.

16 years after the start of Operation Iraqi Freedom, the nation remains a shadow of its former self. The continued chaos wrought by the Iraq War – which eventually played a role in the rise to prominence of Daesh, further destabilising the region – means that even now, the nation’s capital is deemed to have the lowest quality of living in the world. According to a recent survey from Mercer, Baghdad ranked last overall – immediately below Bangui of the Central African Republic and Damascus in Syria – despite the other two being determined as the worst cities on the planet for personal safety.

However, as with the wider Middle East, the oil-rich state presents a lucrative destination to businesses willing to take the risk. To that end, a Newcastle recruitment consultancy has announced the opening of its first presence in Iraq’s capital city. Samuel Knight has taken the decision to open its Baghdad locale in order to grow its business in the Middle East.

Newcastle consulting firm opens Baghdad office

While businesses remain wary of the region, Samuel Knight specialises in recruiting talent in the energy and rail sectors, and in a release it said the new office would continue to focus on these areas. It will also allow the firm to make sure it abides by local compliance laws. The new location will be headed up by Haider Kadhim, Samuel Knight’s Iraq country manager, who will work as the first point of contact for clients and candidates. Representatives from the Department of Trade Industry are expected to attend a launch event for the office, which will be held this month.

Commenting on the new office,  a spokesperson for Samuel Knight said, “We probably don’t see it as a risk, but more of an opportunity, as we operate in the Middle East extensively already. We have contacts in place in the country location and with the consultants we have. We felt it was a great opportunity to expand into a country we are already doing work in. It means we have an on-the-ground team to help our clients. From our perspective, it is that we are looking to expand into new territories, but we are also supporting countries that are starting to redevelop after years of warfare.”

Steve Rawlingson, CEO at Samuel Knight, said, “Our aggressive five-year growth plan is manifesting at  an impressive rate, taking the company to exciting new territories. The team is working diligently to surpass expectations set out in the plan, and to ensure Samuel Knight is cemented as the leading global energy and rail recruitment specialist. Our Baghdad office will give us a distinctive edge over our competition and allow for more exciting business opportunities. Once the office becomes more established and client acquisition develops, we will certainly be adding more consultants and manpower in the city.”