Consulting market to exceed €1 bln

The company’s Managing Partner Dan Schwartz said increasingly more companies will enter the fiscal consulting, audit and accounting market, leading it above the €1 bln threshold in the coming years.

SCC is the single company with entirely Romanian capital among the top 10 companies on this market, with 43 consultants. The company’s turnover exceeded €1 mln last year. Scot&Company Consulting foresees at least 30-40 percent growth in business this year, according to Schwartz.

The company aims to make 60 percent of its turnover from auditing services, a further 30 percent from tax consulting, and 10 percent from accounting services, Schwartz added.

SCC’s main competitors are the local subsidiaries of the Big Four (KPMG, Deloitte, Ernst & Young and PriceWaterhouseCoopers), BDO Conti Audit, Mazars, Baker Tilly and Moore Stephens Riff.