KPMG, a leading advisory firm in Romania and Moldova, and part of the KPMG global network of member firms, and Ensight Management Consulting, a leading local management consulting services provider founded in Romania, today announced a partnership agreement aiming to combine the global resources bank and knowledge base of a multinational with the specific expertise of a firm with extensive experience on the Romanian market.
Through this collaboration the two firms aim to enhance the services offered to clients in the field. The arrangement does not involve any equity, and both firms will remain fully independent of each other. It is also consistent with KPMG in Romania’s growth strategy, focusing on organic and inorganic opportunities in selected high-demand market sectors.
As Serban Toader, Senior Partner at KPMG in Romania, explains: “This strategic partnership is similar to many which KPMG member firms throughout the world have entered into with smaller, more focused consultants with the aim of providing enhanced client services. When a client approaches either of us for management consultancy services, we will advise which firm is best suited for their needs, or offer joint services where appropriate. This is an exciting development for the Romanian management consultancy market.”
As Robert Maxim, Partner of Ensight Management Consulting says: “I am very pleased we have concluded this partnership with KPMG. We have worked hard to combine in-depth knowledge of the Romanian business market with high quality standards for the management consulting services we offer. Teaming up with a firm with the resources, expertise and prestige of KPMG means excellent news for our clients. I am happy to be working again with my former colleagues.”
Ensight’s specialized experience and capabilities, combined with those of KPMG in Romania, will help to provide clients with access to an even greater base of knowledge, data, insights, methodologies and technologies to integrate, outsourcing, shared services and internal improvements into their strategies and operations.
As organizations transform their operations to compete in today’s complex business environment, Ensight’s experienced professionals, combined with KPMG in Romania’s deep market presence together with its global access to a network of member firms, will provide clients with a full life-cycle of capabilities – from strategy through to optimization – for companies seeking to reduce costs and improve effectiveness and efficiency.
Robert Maxim was the first Romanian manager in the Management Consulting department of KPMG in Romania in the late 1990s, and the partnership between the two entities recreates a leading team, sharing our strength and assisting clients in transforming their business, balancing critical levers of cash flow and achieving sustainable business performance.
As Serban Toader concludes: "A critical element of KPMG’s vision is that our firm is recognized as an ‘employer of choice’ - to recruit, retain and develop the very best people. Many alumni of KPMG in Romania are now in prestigious positions. Robert is one of KPMG in Romania's business school ‘graduates’ and I am happy that he and many of our former colleagues are now successful Romanian entrepreneurs. The alliance we announce today, one of the first of its type in Romania, is a strategic decision that gives clients access to enhanced management strategies knowledge and resources. "
KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 156 countries and have 152,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
KPMG in Romania and Moldova operates from six offices, located in Bucharest, Cluj-Napoca, Constanta, Iasi, Timisoara and Chiºinãu. We currently employ more than 650 partners and staff; Romanians and Moldovans as well as expatriates. Our Advisory team has more than 100 professionals, specialized in a broad range of industries and who work with clients to tackle challenges in transactions and restructuring, performance and technology as well as in risk and compliance. Our Advisory practices around the world, combine specialist skills to provide objective advice and execution to help preserve and improve value. To learn more visit www.kpmg.com/ro
Ensight Management Consulting has a multinational management team of experienced Partners who have worked in large-scale transformation projects across a variety of industries in strategic, tactical and operational assignments. At Ensight, we believe in the strength of the team and in the synergies that can be developed by working together. With a team of engaged individuals, we can change the way business is done in Romania.
Our integrated solutions are based on complementary competences (management, finance, HR, IT, strategy, organization design, mergers and acquisitions, logistics, marketing and sales) and are designed to respond to the most significant challenges companies face today. To learn more visit www.ensight.ro