BearingPoint opens an office in Iasi to serve Romania and Moldova

02 August 2018

European-origin management and technology consultancy BearingPoint has opened a fourth office in Romania, based in Iasi. “This demonstrates our continuing commitment to Romania and the people of the country,” said Christian Gurny, Country Leader of BearingPoint’s operations in Romania and the Czech Republic.

Globally, BearingPoint has over 30 offices in 20+ countries. Four of those offices are based in Romania – Bucharest, Sibiu, Iasi and Timisoara – where the consultancy first launched in 2007 with an office in the country’s capital. Today, the Romanian organisation has more than 300 consultants and staff, generating revenues of over €11 million. 

Following the expansion into Timisoara at the end of 2015, the Netherlands headquartered firm has launched a fourth local hub, in Iasi. “Entering the Romanian market has proved to be a real success for us, we have developed a strong brand and are an employer of choice. We strive to hire the most talented consultants in Iasi,” said Marcel Nickler, a board member at BearingPoint.

The consultancy, which has a heritage in Arthur Andersen and KPMG Consulting, chose Iasi due to its well-known technical university and the availability of trained IT personnel. The city’s main talent generator is the Alexandru Ioan Cuza University, which is the oldest university of Romania, founded one year after the establishment of the Romanian state in 1859. The university is regarded as one of the country’s most advanced research and education institutions, and serves as one of the five members of the ‘Universitaria Consortium’ – a group of elite Romanian universities. 

BearingPoint opens an office in Iasi to serve Romania and Moldova

With a population of nearly 320,000, Iasi is following Bucharest Romania’s second most populous city. The city is located in the North East of Romania, in the Moldova region, and is the former capital of the Principality of Moldavia (from 1564 to 1859). Building on the city’s proximity to and close ties with the Republic of Moldova, BearingPoint aims at leveraging the office to kick-start its operations to Moldovan organisations. “After an eleven year presence on the Romanian market, BearingPoint makes the natural step towards the Moldova region,” remarked Christian Gurny. In the Iasi region, the newly launched office will provide consulting services and regulatory solutions to customers in the financial services sector.

The partners of BearingPoint Central Eastern Europe have set an ambitious plan for the office: “in the coming years, we aim to reach a team of 100 consultants in Iasi,” said Gurny.

Globally, BearingPoint has around 3,900 employees. The company, led by Peter Mockler, and per the 1st of September by Kiumars Hamidian, operates in three areas: Consulting, Solutions and Ventures. 

Meanwhile in Romania, a study by Deloitte’s local member firm found that offshore gas in the Black Sea is set to add billions to the country’s national economy.

BCG launches BrightHouse and Digital Ventures in France

15 April 2019

Global management consulting firm Boston Consulting Group (BCG) has launched two of its subsidiaries in France.

Launched in 1973, BCG’s Paris office is with 400 consultants one of the firm’s largest in its footprint of 90+ offices globally. The hub, led by company veteran Guillaume Charlin, plays an instrumental role in developing BCG in Western Europe, francophone Northern Africa, and Israel and Lebanon, which have close economic ties with France.

Having focused mainly on strategy consulting services over the past decades, Boston Consulting Group’s French arm is branching out to other services areas. BCG Platinion – BCG’s IT solution wing – and BCG Gamma – BCG’s advanced analytics arm – have been active in Paris for a while, and now two of the firm’s other subsidiaries – BCG Digital Ventures and BrightHouse – have landed in the French capital city. 

BrightHouse is a creative consultancy that support clients with the development of purpose-driven branding strategies. The firm has helped companies like Procter & Gamble, McDonald’s, KPMG and American Express discover and articulate their purpose, and then helped them activate and embed their purposes within their organisations. BCG acquired BrightHouse in June 2015, and since then the consultancy has been operating as an independent business division of the US-consulting giant. BCG launches BrightHouse and Digital Ventures in FranceFollowing the opening of a new office in Berlin last year, Paris becomes the firm’s third hub internationally (the firm is headquartered in Atlanta) and second in Europe. BrightHouse France will be managed by Mathieu Menegaux, a senior partner who has been with the firm since 2001. The HEC graduate focuses mainly on clients in the energy & utilities and industrial goods sectors.

BCG Digital Ventures is BCG’s corporate investment and incubation firm. The division invents, builds, scales and invests in startups, often in collaboration with the world’s most influential companies. Founded in 2014, when a large team of digital experts transitioned from Booz & Company (now Strategy&) to Boston Consulting Group, BCG Digital Ventures currently has offices in the US, (Los Angeles, New York, Seattle), Europe (Berlin, London, Paris) and Asia (Sydney, Shanghai and Tokyo). Since inception, the unit has (co-)founded over 60 ventures.

Among the projects BCG Digital Ventures has delivered include the development of a new blockchain-powered platform for transparency in the food chain for fish (together with the WWF in Australia) and the launch of Hey.Car, a platform for the used car segment (together with German automotive giant Volkswagen).

In France, BCG Digital Ventures will be led by Caroline Vion, who joined BCG in 2014 as part of the founding team that joined from Booz & Company. Earlier in her career, she worked for companies in the media and luxury retail sectors. Vion has relocated from Los Angeles to head the new venture in France. 

Last year, BCG was named one of France’s top strategy consulting firms to work for.