Tefen - A New Player in the Field of Management Consulting Attracted by Romanian Companies
Aug 25, 2008
The Romanian "Business Standard" marks Tefen's entry to the local market after winning several contracts to improve the performance of local manufacturing firms.
simona.macovei @standard.ro http://www.standard.ro/consulting
Tefen Management Consulting, an Israeli management and strategic consulting company, has recently opened offices on the local market after winning several contracts to improve the performance of local manufacturing firms.
"We chose Romania because it is a maturing market that is currently more ready and open to management consulting than are other Eastern European countries", explained Guy Propper, Associate Partner at Tefen Management Consulting Rumania, to Business Standard.
The company is globally active, including headquarters at Tel Aviv, as well as branches in the United States, Great Britain, Germany, Poland, Italy, and now Romania.
"Tefen's main offices are in the USA, Great Britain, and Israel, which altogether cover approximately 75% of the company's business," said Mr. Propper.
The Romanian subsidiary has already started recruiting consultants, currently employing ten, and, according to Propper, plans are to increase this number significantly.
Tefen Management Consulting specializes in consulting services such as creating and implementing strategies, Operations Excellence, Project Management and Organizational Development. "Briefly, our activity means that we offer consultancy to our clients, helping them to answer growing demand for their products by increasing their production capacity, reducing their costs and maximizing their sales. This is also what we are doing in Romania," explained the company's representative.
Tefen, founded in 1982 in Tel Aviv, has a global annual turnover of over $45 million (over €30 million last year) and currently employs almost 400. In Romania, Tefen's main competitors are: Horvath & Partners, Bucharest Consulting Group, Ensight Management Consulting, Contrast Management Consulting, giant global consulting companies such as McKinsey or Roland Berger, and also the financial firms comprising the Big Four: PriceWaterhouseCoopers, KPMG, Deloitte, and Ernst & Young.
