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Tefen Opens an Office in Romania – Another Step in Expanding the Firm's Activities in Central and Eastern Europe

May 25, 2008

Tefen Industrial Engineering, Management Consulting, and System Analysis Ltd is expanding its activities in Eastern Europe by opening an office in Bucharest after winning a number of projects in Romania.

Tefen's Romanian office is another step in expanding the firm's presence in Eastern and Central Europe, which began in 2004 with the opening of Tefen's office in Poland. The firm is active in the US and Western Europe and has recently won several significant projects in Romania, which include performance excellence and enhancement for Romanian manufacturers.
According to Tsily Friedman, Tefen's partner and CMO of the group, " ... the projects won by Tefen reflect the current stage of growth in the Romanian market, whose demand for consumer goods and services has been growing exponentially compelling its players to invest into manufacturing enablers in order to fully utilize the current capacities and cope with tougher competition." She also added, that "... the Romanian market is characterized by a flow of external investments, while parent companies mostly coming from Western Europe, dictate advanced management standards."

According to Guy Propper who was recently appointed Associate Partner at Tefen and manager of the firm's activity in Romania, "...the international involvement and maturity level of the Romanian market are generating a growing demand for management consulting services providing an opportunity for establishing Tefen's presence in the area. Tefen has the tools, the experience, and the capabilities to assist the companies in coping with the current challenges, making us believe that we will achieve the status of a leading consulting firm on the local market in the next two years."

Tefen is an international management consulting firm, with operations in Israel, the US and Europe. Tefen supports organizations in formulating and implementing their strategies through achieving business excellence and increasing revenues. A number of service channels are included in the framework of these activities offered to our clients: business strategy, operations excellence, new operations introduction and mergers support, supply chain excellence, sales force and service level enhancement, project management excellence, and organizational development. Tefen is experienced in providing management solutions to leading international clients, among them Fortune 500 companies, in a variety of sectors. The firm's shares are traded on the Tel Aviv Stock Exchange (TASE).


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