This week rentoid and our CEE Steve Sammartino featured on the ABC 7.30 report. The key area for discussion was the fact that rentoid (proudly we might add) employs staff from around the world in developing markets. before you watch the segment here’s some information worth knowing about employing people in developing markets:
- Our employees earn significantly more than they would doing the same work in their home country
- Our business would not exist without them. It has enabled an entrepreneur to build rentoid.com which is creating value and generating money in the local economy.
- We are proud to help people in developing markets via being part of building infrastructure. We know this is far more productive way to improve living standards globally than providing charity.
The story below stars our CTO (Chief Technology Officer) Vasilii Racovitsa.
You can also click here to download the file or watch the story on the ABC 7.30 report website.

It’s great to finally see the mysterious Vasili’s face. I am shocked you called him Russian in your twitter feed. I thought he was Moldovan!
And bravo on the story. Opened folks eyes to some important business opportunities.
Andre
4 Feb 10 at 3:20 pm
Thanks for the above post you have provided here this is really great i like it ….great job
virtual office
15 Mar 10 at 6:31 am