About Romanian accountants

About Us

Updated on Monday 20th January 2020

We are a team of Romanian accountants prepared in assisting corporate clients in a wide array of financial services: accountancy, financial consultancy and administration, payroll & related, VAT registration and VAT compliancy, as well as audit services.


TGS ROMANIA is part of TGS GLOBAL, an international business network of independent firms that offer accounting, audit, tax, business advisory and commercial legal services. TGS GLOBAL is operating with 52 members from 51 countries. In Romania we have more than 170 clients, in various industries, that are provided with financial services by our team of 80 professionals. 


TGS ROMANIA started operations in 2019, after Fidexpert and TPG joined their teams of experienced professionals in local audit, accounting and tax consultancy services. 


Our team



Christos Seferis is the Managing Partner & Head of Tax Advisory at TGS Romania. He has over 34 years of experience in a Big-4 firm specialized in Financial Services, Shipping, Industrial Products, the Public and Semi-public Sector, Manufacturing, Energy & Utilities and Technology. Seferis has extensive experience in external/internal audit, financial and operational due diligence and valuations (in all the countries in Southeast Europe) etc. He holds a Bachelor of Commerce in Business Studies & Accounting from the University of Edinburgh and a Master of Science in Computer Science from the University College London. He is member of professional associations: Institute of Chartered Accountants in England & Wales (Fellow), the Institute of Internal Auditors – UK, the Information Systems Audit & Control Association (ISACA) – USA, the Association of Fraud Examiners (ACFE), the Institute of Certified Auditors Accountants of Greece, the Institute of Certified Public Accountants in Cyprus and the Romanian Chamber of Financial Auditors. He is also an accredited GDPR DPO executive and a licensed insolvency administrator.


Vassilis Voulgaris.pngVassilis Voulgaris is Senior Partner, COO & Head of Advisory at TGS Romania. He was also a founding partner of TPG Group and has over 35 years of experience in audit, accounting, business advisory, financial and business-related issues in multi-cultural environments with SMEs, large and multinational organisations in a wide range of sectors. Voulgaris has an experience of ?10 years in auditing at prestigious companies such as: Ernst and Young South Africa, Arthur Andersen Greece, Alexander Young (Howarth Greece). Between 1997 and 1999, he was instrumental in setting up the Russian branch of one of the biggest Commercial Groups of Cyprus and working out of Moscow, St. Petersburg and Kazan. He arrived in Romania in 2001, as Romtelecom Financial Controller, contributing significantly in turning Romtelecom from a Public Sector Telecommunications Operator into a modern 21st century Telecommunication provider. In 2005 he was promoted to Chief Planning Officer, a position he held until June 2008. The same year, Vassilis founded TPG, providing services in the Real Estate Industry, offering Financial and Asset Management services. TPG grew into a full-service practice providing accounting, business advisory, audit and tax services in almost all sectors. He obtained his Bachelor of Commerce and his Higher Diploma in Accountancy from the University of the Witwatersrand in South Africa.


Dana Cornea.pngDana Cornea is Senior Partner and Head of Business Process Outsourcing (BPO) & Tax Compliance at TGS Romania. Dana was also a founding partner of TPG Group and has over 30 years of experience in financial fields such as accounting, BPO and tax compliance. She has a Bachelor of Economics with the Academy of Economic Studies in Bucharest and is a Chartered Accountant, Financial Auditor and Fiscal Consultant, and member of the Body of Chartered Certified Accountants of Romania (C.E.C.C.A.R), of the Chamber of Financial Auditors of Romania (C.A.F.R.), and of the Chamber of Tax Consultants of Romania (C.C.F.R.). She is accredited to audit EU financed projects.


Simona Balan.pngSimona Balan is Partner and Head of Assurance at TGS Romania. Simona was the founding partner of the audit firm of the TPG Group and has extensive experience in a wide range of industries and sectors including EU projects. Simona worked as an auditor in Ernst and Young and became a Chartered Certified Accountant and a Financial Auditor. She is experienced in assurance services and held also an executive position (CFO) for a large international retailers’ shared service center in Cluj. In 2008 she started her own business providing audit services alongside a German legal firm in Bucharest and in 2015 she joined TPG Group. She is fellow member of the Association of Chartered Certified Accountants (ACCA UK) and of the Romanian Chamber of Financial Auditors (CAFR). Balan graduated from the Academy of Economic Studies in Bucharest, International Business. She has extensive experience in external audit, internal audit, financial and operational due diligence as well as other advisory engagements.



Awards and organizations we are part of


Our company stands out among the Romanian accouting firms and our specialists have a comprehensive knowledge of the local tax and financial situation. Over the years, TPG - the company that formed TGS Romania - received several certifications:


  • - Second rank among Bucharest’s accounting firms - awarded by CECCAR (The Body of Chartered Certified Accountants of Romania) in 2015;

  • - Fifth rank among Bucharest’s accounting firms - awarded by CECCAR in 2013. 


Below is a list of our main affiliations in various areas of expertise:


Greek - Romanian Chamber of Commerce


logo Hellenic-Romanian-Chamber-of-Commerce.png


C.E.C.C.A.R – The Body of Chartered Certified Accountants of Romania




C.A.F.R – Chamber of Financial Auditors of Romania




C.C.F – Chamber of Tax Consultants of Romania




Our services


Our company offers a number of key services for Romanian companies. We advise our clients and provide tailored services in order to maximize the company profits. We integrate our dedicated services and cooperate with their teams accordingly. Our main services include the following:


  • Accounting: complete bookkeeping services, invoicing, preparing monthly and bi-annually reports and other services as needed when companies deal with unexpected accounting issues;

  • Tax advisory: we advise our clients on all tax compliance matters according to the current laws and any updates to the national tax laws; we also provide tax inspection and litigation support;

  • Audit: internal audits, financial due diligence, forensic accounting and many other related services;

  • Financial advisory and financial reporting: budget control, financial management, consolidation, debt monitoring as well as risk assessment;

  • Asset management: commercial real estate asset administration, property insurance organization, leasing contracts reviews and others;

  • Legal - through our partner firm - corporate and labor issues, intellectual property, GDPR & General Regulatory Compliance,  M&A and General Corporate Finance. 


These are just some of the services offered by our experienced and multidisciplinary team. We invite you to contact us to find our more details about our services.