International markets represent 15% of Portugal’s activity
The 2019 results of our Portuguese subsidiary have just been released and we couldn’t be prouder of our teams! The company recorded a revenue of 10.4 million euros, an 84% growth from the year before and going beyond our initial forecast. Our IT Nearshore unit and the Lisbon Business Center already represent 15% of the company’s activity, which validates our strategic investment towards the international markets.
This was again a year of great accomplishments for ALTER SOLUTIONS in Portugal, both on a business and on an employer level:
- Hitting the 300-employees mark – and ending the year with over 350 professionals;
- Hiring José Trindade as Chief Financial Officer;
- Reaching a portfolio of over 100 clients;
- Launching the Lisbon Business Center – an international unit based in Portugal and focused on the internationalization of IT Portuguese talent to Europe.
We have ambitious goals for 2020 as well. Our target revenue is set at 15 million Euros, with 25% of it coming from the international unit. We also aim to keep on increasing our team, by creating 100 new vacancies – most of which aimed at our IT Nearshore activity.
Do you want to be a part of this challenge? Join us