North East recruitment specialist Visuna is poised to post turnover of almost £80m after seeing “sensational” global growth since the pandemic.
Washington-based Visuna – which traded as Oil Consultants Ltd until 2022 – specialises in energy and tech recruitment, working with oil exploration companies around the world to provide skilled technicians for their activities from a global talentpool of over 150,000 skilled workers.
The company is on track to almost double turnover in just three years, after expanding into new sectors and markets.
Visuna posted turnover of $43m in 2021, a figure that grew 26% to $54.2m in 2022 as it looked to grow into other markets supporting the energy transition – a figure which was also 14% up on pre-Covid turnover. Now, as it prepares to publish its most recent financial results, the firm’s chief operating officer David Bolton, has said that the firm’s focus on growing renewable markets has proved invaluable.
Mr Bolton, who enjoyed an audience with King Charles when the firm recently collected its King’s Award for Enterprise in International Trade, said: “We’ve enjoyed a consistent year-on-year increase in turnover, but this really does feel like a special milestone for our growth. The company has always been among the leading oil and gas recruiters, but as Visuna, we have invested more time and resources into the booming tech and renewable sectors and that has really paid off.
“We’ve also significantly grown our global footprint in that time, expanding our presence in energy hotbeds like the USA, Australia and the Middle East. These steps, along with the incredible work and support of our team in the North East, has given us a fantastic platform for growth and we are incredibly optimistic that it will continue in the coming years.”
Growth has resulted in Visuna bolstering its back office team over the past 12 months, while also making a string of strategic hires to head up international bases. Meanwhile, in the North East, the company is moving forward with its aim of doubling its Wearside workforce in the coming year.
