
Steinreich Communications Reports Record Earnings In 2011
Firm Says Organic Growth, Acquisitions & New Client Wins Were Key Factors In 31-percent Uptick
HACKENSACK, N.J., Jan. 12, 2012 /PRNewswire/ -- Steinreich Communications Group, Inc. an international public relations firm based in New Jersey, said that in 2011 it recorded a 31-percent growth rate, the largest single-year gain in its history, as a result of organic growth, acquisitions and new client wins. The firm also increased its staffing by 23-percent to service the growth, including new leadership for its Washington and Los Angeles offices.
"Really all segments of our business saw nice growth in 2011. Our main office grew at a robust pace, and our Washington and Los Angeles offices saw a nice pick-up in business after changes in leadership," said President and CEO Stan Steinreich. "Overseas, the European economy resulted in more tepid results from our London and Frankfurt operations, but we saw very dramatic growth in our Israel business last year."
The firm's Israel office tripled its revenue after the acquisition of a local firm, and doubled the size of its staff. Today, Steinreich Communications is the largest foreign-based firm operating in the country.
Steinreich said that in 2012, the firm was looking to expand its presence in Miami to serve as a gateway to Latin America, and that it was eyeing senior hires in technology and healthcare to grow into those market segments.
Founded in 2003, Steinreich Communications Group, Inc. is an international full-service public relations firm singularly focused on consistently delivering measurable results to its clients. With offices in New Jersey, New York, Washington, Los Angeles, London, Frankfurt and Tel Aviv, the firm offers client services that include media relations, social networking, investor and community relations, philanthropy, government affairs, employee communications and crisis communications.
CONTACT:
Bill Bray
201-498-1600
[email protected]
SOURCE Steinreich Communications Group, Inc.
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