Team Europe is rounding up business process outsourcing (BPO) companies for a trade mission planned for second half of the year.

Launched last week, Team Europe is a task force whose goal is to promote the Philippines as a BPO destination. It is spearheaded by the European and British chambers of commerce in the country.

Last year, the European BPO market overtook the US in terms of overall contract value, according to Stephanie Weber, business development manager for the European IT Service Center (EITSC), who is also heading Team Europe.

The European (or EU) market grew by 28 percent last year in terms of contract value, Weber said in an interview with INQUIRER.net.