“The most significant rise was on the financial audit segment, at over 300 percent, one of the reasons being our affiliation to the Moore Stephens international network in 2007,” according to a statement for Business Standard by Marius Stancescu, President and founder of the company, part of the Riff Holding group of companies.
Stancescu added that the due diligence and merger & acquisitions segments also increased by over 200 percent and 100 percent, respectively. The company was involved in the transactions of several Romanian companies, said Stancescu. Following the company’s association with Moore Stephens, Riff’s turnover exceeded €1 mln.
