PwC Romania awarded for its contribution to the development of Romanian entrepreneurship by the Business Faculty of the Babeş-Bolyai University
Bucharest, 3 May 2012. PwC Romania has been awarded for its contribution to the development of the Romanian entrepreneurship by the Business Faculty of the Babeş-Bolyai University from Cluj-Napoca, in the annual business awards ceremony organized by the prestigious Transylvanian business school.
"Entrepreneurship and family businesses must be viewed differently for two main reasons: first, they are an engine of social and economic renewal, and secondly, from the point of view of management, they must be seen as an intersection between three interest circles: business, shareholders and the family. Receiving this award is a great recognition of PwC's constant efforts to build strong partnerships with Romanian entrepreneurial companies, investing in understanding their needs, in developing a long term relationship and assisting them in every stage of their development", stated Alexandru Medelean, Director within PwC Romania, Private Company Services Leader. "To receive such an award alongside such important local companies as Rombat, Daw Benta Romania and Transavia, which happen to be also our clients, was an even greater honour", added Medelean.
During the award ceremony, Alexandru Medelean presented the conclusion of the latest edition of a PwC study -Family Business Survey, the leading instrument for measuring the issues confronting family businesses, based on the answers of more than 1600 from family companies from 35 different countries.
According to the results of the survey, 68% of those polled indicated that they are worried by the current market conditions, much more than the rising competition (26%) or public policies and new fiscal legislation (25%). As for internal operational issues, responde