Catalyst Development signs partnership with Lithuania's VGTU University

03 December 2018

Catalyst Development, an international consulting firm for the financial services industry, has agreed a strategic alliance with one of Lithuania’s top universities – Vilnius-based VGTU University.

In May this year, Catalyst Development touched down in Lithuania’s market when it opened an office in Vilnius. In the next three years, the fast growing* London-headquartered consulting firm intends to hire around 30 business analysts and consultants in the city to support project delivery for clients including banks, insurance companies, asset / wealth managers, clearing houses, exchanges and institutional investors. The consultancy specialises in regulatory-driven change, organisational improvement, technology and talent development.

Commenting on the decision to pick Lithuania above other options shortlisted [Northern-Ireland (Belfast), Poland (Warsaw) and Ireland (Galway)] for its international expansion, Stephen Loosley, Catalyst’s Managing Director, said back in May: “Vilnius was our clear choice because of its infrastructure, cost-competitiveness and expansive pool of highly educated potential hires with both the skills and the English language proficiency we need.” The move came shortly after Catalyst Development also launched an office in Jersey, the largest of the Channel Islands. 

Catalyst Development signs partnership with Lithuania's VGTU University

Since launching, the firm’s Vilnius office has “proven to be a valuable addition” said Sean Coote, Head of Catalyst’s local office. Now, “as part of growing our capability to service both local and global clients from this base, we are committed to making a positive contribution to higher education in Lithuania,” explained Coote on the newly announced partnership with VGTU University. The partnership, which is the consulting firm’s first formal partnership with an educational institute in mainland Europe, has been put in place to “accelerate the capabilities and commercial impact” of Catalyst’s consultants.

According to one ranking, the QS World University Rankings, VGTU University is among the top 4% of universities globally. The university currently has ten faculties, 14 research institutes, 33 research laboratories, and two and four research and training centres. The collaboration sees Catalyst providing its support to VGTU’s financial services curriculum and contribute to guest lectures within the business management faculty throughout the year.

“It is a huge honour for Vilnius Gediminas Technical University to start our partnership with Catalyst Development,” remarked Jelena Stankevičienė, Dean of Business Management Faculty at VGTU. 

Besides serving existing clients with consultancy (remote/fly-in), outsourcing and shared services, the Vilnius office also focuses on growing Catalyst’s market share in the Baltic and Nordic regions. 

* See the article ‘Catalyst Development triples headcount in 2017’ for more information (on

HKA Tech and Primaned join forces in PMWeb domain

03 April 2019

HKA Tech, one of the world's largest partners of project management software provider PMWeb, has agreed a collaboration with Primaned, a Dutch consultancy specialised in portfolio and project management. Together the two partners aim to help clients across Europe with professionalising their project management and change delivery operations. 

The partnership between HKA Tech and Primaned focuses on services in the PMWeb domain – software that helps companies in sectors such as construction, healthcare, chemicals, government and oil & gas with running large, capital intensive projects. Among the firms using PMWeb are AECOM (construction), CBRE (real estate), the European Investment Bank (banking), Dubai Parks & Resorts (travel), Cisco (technology), Samsung (electronics) and the United Nations (government). 

Having identified the tool’s unique benefits, Primaned collaborated with US-based PMWeb on its launch in Europe around two years ago. Founded in 1985, Primaned is a consultancy focused on project control. The firm’s consultants provide support in the areas of portfolio management, project and risk management, and technology implementation – with the firm’s digital experts specialised in implementing tools from vendors such as Orcale, PMWeb, MainTasc Enterprise and Primavera.

HKA Tech and Primaned join forces in PMWeb domainTogether with HKA Tech, Primaned now wants to expand its work for PMWeb across the continent. The offices of HKA-Tech in the UK – launched last month – and Primaned in the Netherlands, Belgium and Ireland will cooperate on both business and client development and the delivery of combined projects. 

To showcase their joint offering, the two firms have in recent weeks presented at several events. During the event ‘Technology that drives Construction Management’ in London they shared their PMWeb experiences with several European stakeholders. One of Primaned’s main clients is the NHS, which is using PMWeb to gain a better grip on its capital expenditures supporting healthcare services. Alasdair White, Head of Construction at the NHS stated: “PMWeb enables us to make our internal operations much more efficient, and for the first time in five years we are now able to invest 100% of our allocated budget.” 

Mid-March Primaned managing partner Paul Vogels will provide a presentation on PMWeb during the National Construction Summit in Dublin, Ireland. Next month he will also be speaking at the Building Holland Expo in the Netherlands, which takes place in Amsterdam. 

The PMWeb solution portfolio covers four main working areas: CapEx planning and management, project portfolio management, facilities management and real estate management. As the name suggests, its solutions are entirely web-based. Core product modules cover planning, engineering forms, cost management, scheduling, asset/facility management, and visual workflow.