This County Durham company places school leavers and young people as apprentices with employers across a range of sectors. Apprenticeships last a minimum of 12 months, and Baltic has more than 750 trainees working with the likes of Capgemini and Serco. It generates revenue via fees from the Skills Funding Agency, which identifies the educational needs of businesses and contracts out training. Co-founder and chairman Freddie Peart, 47, and managing director Tony Hobbs, 43, saw sales hit £5.8m this year after focusing their efforts on the on the fast-growing IT and digital media sectors.
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