BearingPoint opens an office in Iasi to serve Romania and Moldova

02 August 2018 3 min. read

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.