Societe Generale European Business Services (SG EBS), the outsourcing center the French group opened in Romania to serve the subsidiaries in Europe, increased its turnover and profit by over 50 percent last year, to more than RON 31 million (EUR 7 million) and RON 3 respectively (EUR 0.6 million), reports local Mediafax.

The company was established in Romania in 2011, with BRD - Groupe Societe Generale and Genefinance as shareholders.

SG EBS had 16 employees in the first year of activity, a turnover of RON 3.32 million and a loss of RON 4.5 million, according to data from the Ministry of Finance. Last year it had 144 employees and continues to recruit staff.

Irina Popescu, irina.popescu@romania-insider.com