Europe-based recruitment agency Young Capital has increased its turnover by 60 per cent to €203M in 2016. According to CEO Ineke Kooistra, the company’s record turnover was only possible thanks to a robust policy on internal development, coupled with a start-up mentality.
Young Capital has branches in the Netherlands and Germany and is active online in eight European countries under the name StudentJob International. With a database of more than 4.5 million young professionals, Young Capital boasts the largest online network of talent in Europe.
“We helped 29 per cent more young people into employment than last year,” said Kooistra in a press release.
“After years of high unemployment rates amongst this group, we are now seeing a positive trend. There is a huge increase in demand for young talent. Companies appreciate the added value digital natives provide, because they serve as a catalyst for innovation,” she says.
Young Capital is aiming for a turnover of €295M in 2017, a 45 per cent increase compared to 2016. The increase will come from further international growth in Germany, amongst others.