CV Online Group

Modera » Success » CV Online Group

The Challenge

It was a pleasure for Modera to work with this project, as CVO Group was named in "BusinessWeek” and rated as an Hot Growth Company 2005 in Europe

CVO Group is the leading provider of recruitment and HR services in Central and Eastern Europe.

Venture money helped Budapest-based CVO Group get on its feet. Founded in 1996, CVO moved to the fast track in 2001 when it got $3 million from a group of funds including the London-based 3i Group. Since then, revenues have soared nearly sixfold, to $17 million, while the staff grew from 75 to 200, working in nine countries throughout the region. The early capital infusion helped "solidify our business and add depth," says the company's Scottish-born CEO, Norrie Sinclair. That positioned CVO to cash in on turbocharged hiring by rapidly expanding companies. "There's tremendous growth here, and we're a barometer," Sinclair says.

BusinessWeek, Europe's Hot Growth Companies 2005.

The Solution

CVO Group needed scalable and standards based Intranet system. Client chose Modera Intranet as their solution for intra-company communication, document sharing and project management. One of the key elements in decision making was Modera´s open approach to custom tailored features. It is very easy for new clients to customize Modera applications with MMDK (Modera Module Development Kit).