Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. EFESO Management Consultants launches new office in Romania

EFESO Management Consultants launches new office in Romania

October 31, 2024

EFESO Management Consultants has launched a new office in Romania, its second in Central and Eastern European, https://www.consultancy.eu/ informs.   The new office in Bucharest will spearhead the company’s expansion plans in the Romanian market, and serve as a hub for its services to clients across the Central and Eastern Europe (CEE) region. The Romanian team will focus manufacturing services, in particular factory environments.   Bruno Machiels, co-CEO at EFESO Management Consultants, said the firm’s expansion into CEE comes in response to growing client demand. Facing rising costs in their traditional markets, a growing number of Western European manufacturing groups are moving their factories to lower cost countries such as Hungary, Poland, Romania and other CEE countries.   Central and Eastern Europe countries are also seeing mounting demand from multinational groups that are shifting (some of) their Far-East production back to nearshore locations, with the aim to make supply chains less complex and more agile.   “The manufacturing landscape is undergoing a seismic shift, with factories and supply chains being relocated and rebuilt globally. CEE countries offer significant cost advantages, including wage differences of around 76% between Germany and Romania, along with other investment incentives,” said Jost Kamenik, a member of the firm’s Group Management Committee.   “The right calibration of production- and supplier networks via relocation and optimization makes the difference. We have the team to do this,” he added, pointing at the 20-person team assembled to kickstart the Romanian venture.   On top of the relocation trend, a wave of technological disruption is changing the face of factories – a development known as smart factories. Machiels said that the firm is well positioned to help clients tap into the power of digital. “Our cutting-edge digital factory planning tool suite is at the forefront of industrial innovation. It offers advanced layout and material flow optimization during all planning phases.”   “This technological advantage ensures superior planning quality, enabling manufacturers to navigate today’s challenges and build robust, future-ready facilities that drive long-term growth and competitive advantage.”   Luca Lecchi, co-CEO at EFESO Management Consultants, added: “At EFESO Management Consultants, we have consolidated and expanded our services to provide our clients with comprehensive support in factory planning, from concept to realization. Romania presents excellent business opportunities.”   The firm’s second CEE office is in Budapest, the capital city of Hungary. Across its footprint, EFESO Management Consultants – which is backed by private equity – has offices in 30+ countries worldwide.

The text of this article has been partially taken from the publication:
http://actmedia.eu/companies/efeso-management-consultants-launches-new-office-in-romania/110610
Read in full - click here
Exim Banca Romaneasca launches EURO debit card with PREMIUM benefits for individuals

Exim Banca Romaneasca diversifies its product portfolio and launches the Mastercard World card in EURO, a tool that enhances the payment experience for people who travel or work abroad, offering premium advantages, benefits, and rewards. The new EURO card from Exim Banca Romaneasca has as its main advantage the reduction of costs associated with transactions...

Report shows large-scale operation targeting Romanian diaspora voters on TikTok ahead of presidential elections

A report by cybersecurity company Refute uncovered a large-scale international influence operation targeting Romanian diaspora voters on TikTok ahead of the second round of Romania’s presidential elections on May 18. The report identifies approximately 32,500 TikTok videos containing slogans promoting the populist candidate George Simion and former candidate Călin Georgescu. Many of these videos are […]

Romania’s GDP stagnates in Q1 2025 with slowed 0.2% growth

Romania's gross domestic product (GDP) remained largely unchanged in the first quarter of 2025 compared to the previous quarter, according to flash estimates published on May 15 by the National Institute of Statistics (INS). The economy recorded a growth of 0.2% in gross series and 0.5% in seasonally adjusted series compared to the same quarter of […]

Expanded Iulius Mall Suceava opens after EUR 40 million investment

Iulius Mall Suceava has officially inaugurated its EUR 40 million expansion that transformed it into “the largest retail and entertainment hub in northern Romania,” according to the official announcement. Developed by IULIUS and Atterbury Europe, the project adds 16,500 sqm of new retail space, bringing the mall's total area to 60,000 sqm. The expansion introduces […]

Five new Romanian startups selected for EBRD Star Venture program

The European Bank for Reconstruction and Development (EBRD) announced the launch of the second edition of its Star Venture program in Romania this week, following a first edition in 2022. The program provides high-potential startups with business expertise and access to finance. After the round of applications, 10 promising startups were shortlisted to showcase their […]

How a dual education campus is taking shape in rural Romania

Non-profit BookLand started building last year a pre-university, dual-system campus in the village of Vultureşti, in southern Romania’s Argeş county. The campus will train pupils in various specializations, allowing them to work in industries ranging from hotels & restaurants to retail and food. More on how the project got off the ground and what it […]