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With only 29% of them being run by the new generation, family businesses in Romania are about to reach the 2.0 level

With only 29% of them being run by the new generation, family businesses in Romania are about to reach the 2.0 level

EY is training its specialists in order to offer assistance and support during this transition: for the first time in Romania, Gabriel Sincu obtains the GEN Certificate in Family Business Advising from Family Firm Institute USA.

Gabriel Sincu, Executive Director of the Tax and Legal Assistance Department at EY Romania, has become the only family business consultant in Romania who has a certification from Family Firm Institute in the USA.


‘Considering that family businesses in Romania are only at their first generation, the need for a specialized consultant hasn’t been felt until now. But things are about to change soon, when the current entrepreneurs and business leaders will reach the age when they need to pass the torch to the next generation and a smooth transition will be required’, says Gabriel Sincu.


For more information, please see the Romanian version of the article, here.
 

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ERNST & YOUNG SRL