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Alcott HR to expand into Europe
Alcott HR Group, a Farmingdale company that provides human resource services, Wednesday announced an expansion into Europe -- its first international office.
"It’s something we’ve been missing," said Lou Basso, the president and co-founder of Alcott. "We’ve been in business for 25 years. . . We've gotten calls from clients that think they want to dip their toes into. . . European countries and asking 'Can you help us overseas?' And we never had the ability to do that."
Currently, Alcott has clients that are international companies operating in the United States. Basso said he hopes with the European office, the company can start providing human resource services to American firms hoping to expand into Europe. The company mainly services small to medium-sized business in the tri-state area.
Despite the financial uncertainty facing the European Union and the fact that several European nations have slipped into recession, Basso said he thinks there will still be American companies that will want to expand in the Europe, and vice versa.
"It really gets down to those customers and clients that have a unique product to sell, rather than a commodity," he said, emphasizing that there is still demand for companies that offer a particular product, and engineering and technology firms.
Alcott's new European office will be in Almelo, Netherlands -- a city about an hour and a half outside of Amsterdam. The company has hired three new employees for the new office.