Former Siemens exec and five constructions managers go into restructuring consultancy

Mircea Dascalu, former executive manager of the Siemens Building Technologies division in Switzerland, together with five experts in constructions and architecture have formed Sequoia International Management Partners, which will provide development and consultancy services to investors wishing to invest in the real estate market, as well as restructuring services for construction companies. “I think now is the best time to start a business of this kind because in a time of crisis the need for restructuring is much greater. Now, real entrepreneurs, who are able to weather a recession, will stand out from those who thought they could become investors in the real estate market overnight,” says Dascalu, managing partner of Sequoia International Managing Partners. Sequoia will provide development consulting services only for projects entailing over 1 million-euro investments, with the profit to come after the first project is contracted.