MUNICH - Exactly two years ago today, the Swedish IT consulting firm Netlight Consulting GmbH was established in Munich with support from Invest in Bavaria. Since then, the company has developed excellently at this location. In these two years, the number of permanent employees has increased ten-fold to some 30. Last year, the company boosted its sales revenue by 500 per cent. What is more, on the strength of its vigorous growth, it moved into bigger office premises at the end of 2011.
“The positive trend of Netlight Consulting GmbH once again confirms that Bavaria is a top location for companies operating in the IT sector. Thanks to its excellent research infrastructure and proximity to customers and business partners, Munich – Germany’s No. 1 for IT start-ups – provides ideal growth conditions for companies from this sector”, said Dr. Johann Niggl, Head of Invest in Bavaria.
The Munich office is Netlight Consulting’s first site in the German-speaking countries. From its base in Munich, customer accounts are managed in Germany, Switzerland and Austria. For the next few years, there are plans to make the Bavarian office the biggest European subsidiary with up to 250 skilled IT personnel.
Felix Sprick, managing director of Netlight Consulting GmbH, confirms the appeal of the location: “Our great expectations for Bavaria as a top IT location have been confirmed in every respect. Access to the best talents in the market through the two elite universities LMU and TU München, technology-driven customers demanding high standards of top-quality services and the high quality of life in Munich are powerful arguments for sustained and forward-pointing commitment by Netlight Consulting.”
Founded in Sweden in 1999, the parent company Netlight Consulting AB currently has 320 employees at its headquarters in Stockholm and altogether more than 400 salaried consultants at all locations. The company has other offices in Oslo and, since November 2012, in the Finnish capital of Helsinki as well. In 2012, Netlight Consulting was awarded the title of best IT consultant in several countries, among other things for the high quality of the Group’s services and its healthy growth strategy.
Source: Invest in Bavaria