Haarmann Hemmelrath poised for growth

International professional services company Haarmann Hemmelrath, which has around 23 offices spread across the entire region, is planning to develop its Romania operations, a market seen by investors as one of the most attractive in the region.

The company, which is of German origin, has been active in Romania since 1998 and is part of RSM International, one of the largest global organisations in the field of auditing, and financial and fiscal advisory services. “Haarmann Hemmelrath decided to come to Romania in 1998, since this was a highly interesting market for us that offered dynamic growth. The decision to come to Romania proved to be the right one.

Romania has a high rate of development and investors are coming here,” the auditing, financial, fiscal and legal consulting specialist Wilhelm Haarmann, a founder of Haarmann Hemmelrath, told Ziarul Financiar.

Wilhelm Haarmann, 55, is one of the best-known names in consulting. In less than two decades he has managed to set up and expand the company”s operations to cover all the continents of the globe, combining the services of fiscal and financial consultants with those of auditors and lawyers.

Haarmann Hemmelrath has been involved as a consultant in some big Romanian deals, such as the recent acquisition by Siemens of Romanian IT firm Forte Company and the acquisition by OMV of 25% in Rompetrol in the autumn of 2002.

According to Haarmann, the IT industry is one of the most attractive business sectors in Romania, while other areas he sees as having potential include the fields of metallurgy, car parts and power supply.

adrian.mirsanu@zf.ro