Overview of completed projects

During a 4-month period offices where opened in France, Germany and the Netherlands and UK office was expanded. Senior management was recruited, including 4 Managing Directors, regional CFO, Country Sales Directors, Technical Directors and HR managers. Recruitment process was managed and coordinated by President EMEA and VMCI, by using 2 search firms. The required legal entity were established and completed in all countries, local employment agreements created, including market competitive health, benefit and pension packages. Interim bookkeeping solution created in each country. In addition to the above standard policies, compensation packages and stock option offerings have been aligned towards local conditions.