Starting this month, Radu Furnică, chairman of LeadershipDevelopment Solutions (LDS), a major top executive recruitment firmdomestically, has ended collaboration with Korn/FerryInternational, the world's biggest executive search firm.
"After 15 years of representing the Korn/Ferry name in Romania,our development directions are diverging. Korn/Ferry has adopted anew business strategy, through the creation of so-called hubs inBudapest, Vienna and Zurich, from which they will serve theirclients of Europe," says Furnică.
He also said that only 8% of his company's revenues were generatedby Korn/Ferry.
The representatives of Korn/Ferry, with 80 offices in over 40countries at present, say, though, they have not given up theRomanian market and will recruit further, but operations will becoordinated from Hungary.
"We still believe in the potential of the Romanian market, and thedecision to coordinate Romanian operations from the Budapest officerepresents a development strategy that has not overlapped that ofRadu Furnică, who is a professional, but with an entrepreneurialvision," says Juerg-Herbert Baertschi, media officer for the EMEAregion with Korn/Ferry.
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