Roland Berger Strategy Consultants

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Group.png Roland Berger Strategy Consultants  
(Consultancy firmWebsiteRdf-entity.pngRdf-icon.png
Roland Berger logo.png
Formation1967
InterestsDeutsche Bank
Interest ofEva Dichand
Membership• Roland Berger
• Stefan Schaible
• Marcus Berret
• Denis Depoux
• Laurent Benarousse
• Sascha Haghani
• Robert Henske
• Yvonne Ruf
• René Seyger
• Charles-Edouard Bouée
• Wilfried Aulbur
• Christian Fischer
• Didier Tshidimba
• Burkhard Schwenker
One of the world's seven largest strategy consulting firms, and a significant neoliberal lobbyist on behalf of big corporations. It is especially close to Deutsche Bank.

Roland Berger is a global strategy consulting firm headquartered in Munich. With a turnover of 600 million Euro (2018), and 50 offices in 36 countries, it is one of the world's seven largest strategy consulting firms, and is a significant neoliberal lobbyist on behalf of big corporations, and is especially close to Deutsche Bank.

History

The company was founded under the name Roland Berger Strategy Consultants in 1967 by Roland Berger.

It is intimately connected to Deutsche Bank. Until 1997 it owned 95 percent of the consulting firm.[1]

  • The company has a strategic alliance with The Blackstone Group, a US investment bank and hedge fund, to look into investment and advisory opportunities in Europe.[2]

Looting of East German Assets

Berger was appointed by Federal Chancellor Helmut Kohl (CDU) and his finance minister Theodor Waigel (CSU) as an advisor to the Treuhand-Anstalt in 1990, after the collapse of the German Democratic Republic (GDR / 'East Germany'). Together with McKinsey, PriceWaterhouseCoopers and KPMG, the consultant plundered the factories of the former GDR, not least to the benefit of Deutsche Bank.

When the Treuhand ended its “work” in 1994, it had closed several thousand businesses and sold another 7,000, mostly for the symbolic price of one DM - and the sale often included a restructuring grant of a few million more DMs. After the "sale" of the 7,000 companies, the Treuhand left behind a mountain of debt of DM 270 billion. These were taken over by the federal budget. That was a success - for Berger & Co and for the private companies, which Kohl, Waigel and the consultants also expressly exempted from all legal liabilities: “Privatization comes before restructuring”.[3]

Advising Bundeswehr Restructuring

It was similar with reform of the German armed forces, the Bundeswehr: Berger designed the privatization of procurement and repairs for Defense Minister Rudolf Scharping (SPD). The fee for the Berger team was 3,500 euros - per day and per consultant. That brought the consulting firm 4.17 million Euros in three months. The advice for the private Bundeswehr subsidiary GEBB brought Berger another 9.9 million euros - what remained was a continuing chaos[4].


 

Employee on Wikispooks

EmployeeJobAppointed
Estela BarbotInternational Senior AdvisorMay 2019


References