Ur Global celebrates its 20th anniversary with over 500 clients and a turnover exceeding 12 million euros

It is currently immersed in an ambitious Strategic Plan

The Spanish company, international consulting firm and leader in managing subsidiaries of Spanish companies in Latin America, is present in eight countries.

The CEO of Ur Global, Gonzalo Prado, explains how the evolution of the Spanish company has been in these 20 years in terms of Capabilities: “In 2002, when we started, the SME was very little internationalized. As of today, she is very familiar with the destination structure that allows her a better approach to the market. Furthermore, to highlight in the evolution, the great technological and digital revolution has generated the appearance of a multitude of new companies with online and online business models. ecommerce that a few years ago we could not even imagine and the flow of companies that come to Latam “Not only has it not decreased in recent years, but it has increased considerably.”

The main milestones of Ur Global in recent years have been the opening of offices in different countries in Latam. “We started in 2002 in Mexico since it was the market we knew best and then we have been opening offices over the years in Brazil, Colombia, Peru, Chile and Ecuador. We have also opened in Portugal since it is a natural market for Spanish companies because it offers opportunities to operate with certain countries of Africa. Another important milestone has been to bring the Back Office of the Spanish company: accounting, tax, legal, labor management, etc. at destination. And while preserving all part of the business, we have specialized in services with a lot of added value such as reviews and audits, partners' agreements, conflict resolution, advice on international taxation, etc.,” Prado points out.

The company is currently immersed in the strategic plan 2022/2025. The manager highlights that they have doubled their figures, “we closed last year with a turnover of twelve million euros and we estimate to reach eighteen million in 2025. We have also closed with an EBITDA of 1,8 million and in the strategic plan it is planned to double it in 2025. In these 20 years we have been doubling EBITDA every four years, therefore, the figure of 3,6 that we have set for 2025 is very realistic and this will already give us a fairly relevant size that will allow us to undertake in the following strategic plan 2026/2029, inorganic growth through purchases of companies specifically in Italy and in France which are the next objectives.”