Intertrust Consulting

Intertrust Consulting co-organizes DWNT StartUpDay 2018

DWNT (German-spoken Business Club Transilvania North) together with Carl Wolff Gesellschaft organizes DWNT StartUpTag 2018 where project owners can get the chance to present their ideas and work in front of Investors from Germany. Intertrust Consulting has been appointed as co-organizer and is part of the jury validating projects for eligibility.

The event will take place on October 5th, 2018 at Cluj Innovation Park in Cluj-Napoca. Limited to 15 presentations, project owners will get 5 minutes to pitch their idea and concept in front of a group of investors plus another 3 minutes for Q&A. Projects selected by Investors will be contacted after the event and enter private discussions with interested investors.

Applications for participation can be filed until latest September 10th, 2018 on http://startuptag2018.dwnt.ro or https://startupday2018.intertrust-consulting.com. Due to the sheer number of projects we expect to receive a jury of qualified experts will preselect the projects eligible to participate (please also read our “Conditii de Participare” on the landing page).

In addition good projects which have not been selected can benefit from our services and business-matchmaking skills after the event. We do look forward working with investors and project owners and to assist their efforts.

Exclusive Partnership Intertrust Consulting – ABMS India

India is currently the fastest growing economy in the world and a strategic partner for the EU, representing a sizable and dynamic market of 1.25 billion people. Trade negotiations between the EU and India are underway with the target to easy access to markets further. At this point the EU is India’s largest trading partner and on the other side India is accounting for the 9th place in trade relations with the EU. Trade in services rose almost three-fold during the last decade.

In respect of this tremendous growth potential Intertrust Consulting has signed an exclusive collaboration agreement with Advanced Business Management Services (www.managementconsultant.co.in) based in Ahmedabad, India, for the assistance with projects and clients which wish to access either market. Both companies have a long-lasting track record of projects and achievements connecting clients from various cultural backgrounds and mentalities.

In already one major ongoing project we succeeded to connect an Indian manufacturer and distributor to a number of European counterparts and advanced negotiations are under way. Intertrust Consulting will seek to target European companies which have interests in the Indian market. Our wide range of services include establishing your company, representation or distribution on Indian soil, identifying export opportunities or the production and import of goods and services. We are able to do business matchmaking according to your needs in all of India and many other Asian countries with the help of our partners.

A complete press release will be available soon for distribution.

Maestro Business Center sold to British First Property Group

One of the major business centers in Cluj-Napoca, Maestro Business Center, has been sold recently to Britsh First Property Group. Once more this a proof that the property market in Cluj is outperforming most of the other regions. Demand remains strong and healthy despite signs of a cooling economic situation. Read the full article published by Business Review here:

http://business-review.eu/news/british-first-property-group-aquired-maestro-business-center-office-building-in-cluj-napoca-174957

Despite crisis Intertrust sees upcoming chances in Romania

Cluj-Napoca, October 13, 2009. Romania has had an extraordinary growth in the first half of this decade with the effect of overheating especially real estate markets and prices for management capacities and services.

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It can be seen now that in a matter of months the present crisis has had the positive effect of bringing prices and corporate culture in line with European standards. Nevertheless the crisis in Romania will be ongoing for this year with further declines and for next year with a stabilization of the situation. This indeed should help to make local businessmen, banks and investors more cautious in the future in order not to repeat the mistakes which led to this crisis.

Due to these reasons a second round of golden times for investments in Romania is just in the beginning. The financial crisis penalized those which came late into the market and many suffer from declining values of their assets. Nevertheless this correction in the market opens new opportunities for the future. Though profits in Real Estate investments have been higher in the past, they very often have been offset due to high risks involved at transactions such as unclear history of ownership, restitution risks, corruption and legal grey zones. Since the integration of Romania among several other CEE markets into the European Union and moving closer in legislation, economy and finance systems to those of the European Union the results and profits can be obtained on a merely secured basis.

Analyzing all short and long term effects we are now confident that after having passed the present crisis a new golden era is upon to start. Mainly Start-ups, SME and smaller corporate groups can benefit now who have been undecided to come to Romania caused to the previous conditions. Office prices have dropped, qualified staff is now available in numbers and at reasonable conditions and also staff capacities from abroad are available in abundance at modest wages. Especially producers of consumer goods from western European countries stand a good chance in opening a new export market. Contracting any kind of labour, product and goods for import from Romania has also become again attractive.

Intertrust Consulting is active in the Romanian market for more than 8 years. The combination of Austrian management and local experts has made us one of the leading consulting firms in Transylvania. We are offering advisory for financing and restructuring tasks, mergers & acquisitions brokerage, assistance in import-/export related issues as well as management and incorporation services to SME sized companies in Romania and abroad.

Our company has specialized to deliver custom-made solutions to companies and investors in the SME-sector and has launched a campaign of attracting investments out of western European countries to include Romania into their strategies and plans. With the headquarter in Cluj-Napoca and representative offices in Bucharest and Chisinau Intertrust Consulting is able to serve the needs of its clients not just countrywide but also cross border into the Republic of Moldova.

This release was published on openPR.

Link to the article:

Intertrust Consulting sees upcoming chances in Romania due to crisis shaken environment – Press release October 13, 2009

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