Valuement owes its existence thanks its customers and the trust they place in us. But Valuement also lives and grows thanks to its employees and today, I would like to thank them for this wonderful year 2016, so rich in development and satisfactions, with as first the opening of our business in France but also in Middle East. There were only a few of us in April 2014 when we started; this year, after a permanent growth in our historical markets (Italy, Russia and Romania), we should be more than one hundred people.
Today, the Italian branch counts more than 25 customers from the retail industry among the most important in the Italian market and currently employs more than 40 consultants and analysts. Valuement Russia and Valuement Eastern Europe (currently managing Valuement activities in Romania and Middle East), are also dealing with the main players of the retail industry in the respective markets. The French subsidiary, just created in October 2016, is building its team with the support from Valuement Group structure, through training sessions and constant follow-up activities.
2017 will confirm the trend and we will continue in developing our business with the launch of our Consulting division and the opening of new markets. Our service lines will offer new business such as exhaustive account due diligence exercises, with a focus on fraud prevention. With the tax service line (in particular VAT analysis), we will be able to offer an overall analysis on transactions occurred with suppliers.
Our aim is to offer from 2017 a 360° consulting service with a focus on the purchasing process (seen as thoroughly as possible; from the supplier habilitation to the order; through delivery, invoice payment and so on….) of the retail industry, at an international level.