Raiffeisen Investment Romania closes shop

Newsroom 30/06/2014 | 19:53

Mergers and acquisitions consultancy firm, Raiffeisen Investment, will close down on July 1, CEO Ioana Filipescu announced on Monday. The former manager will open an independent company in the same field.

Raiffeisen Investment Romania was established in 1998 as a 100% subsidiary of Raiffeisen Investment AG in Vienna and since then has provided M&A advisory services to a long list of leading Romanian and Western European clients.

“Raiffeisen Investment will close down on July 1, as part of the group’s strategy for regional restructuring. I have led this company for nine years and after all this time I have decided to take a different route. They have been years full of surprises, challenges, never identical and especially creative”, according to Ioana Filipescu.

She didn’t offer details about the company she is soon going to launch but the new e-mail adress might be a clue that it will focus on financial consultancy services: “Filipescu Visa Financial Advisors. On the new board we find Florin Visa, director for Raiffeisen investment and consultant with 14 years of experience in M&A consultancy.

Ioana Filipescu graduated L’Ecole Nationale d’Administration in Paris and before she ran Raiffiesen Investments, she worked for four years at KPMG’s local branch as manager of the corporate finance department.