ROEN
Services About Us Team Partners Contact
EVAZ.RO — Advance Finance Consulting
ANEVAR Accredited Valuers

E​valuations
You Can Trust.
From A to Z.

Valuation reports compliant with ANEVAR valuation standards, for any type of real estate, movable asset or business. 15 years of experience, nationwide coverage and broad recognition across Romania’s banking and institutional system.

0 Years of Experience
0 Reports Issued
100% Property Types Covered
ANEVAR Accredited Valuers

We Value Every Type of Asset

Our name tells the story — EVAZ, an acronym built from E​valuations from A to Z, reflecting the full range of services we offer.

Residential Property

Valuation of apartments, detached houses, villas and residential buildings. Reports for mortgage lending, tax purposes or transactions.

Request a Valuation

Offices & Workspaces

Valuation of office buildings, co-working spaces and business parks. Analysis based on capitalised income and market comparables.

Request a Valuation

Commercial & Retail Space

Valuation of shops, shopping centres, showrooms and commercial premises. Methodology in line with current standards.

Request a Valuation

Industrial Property

Valuation of industrial halls, warehouses, factories and logistics platforms. Income and cost approaches, with detailed functional analysis.

Request a Valuation

Agricultural Land

Valuation of farmland, pastures, orchards and forest land. Market value determined in light of APIA (the Romanian agricultural payments agency) rules and sector-specific regulations.

Request a Valuation

Development Land

Valuation of urban land with or without zoning plans (PUZ/PUD), and of residential, commercial or industrial plots. Development potential analysis and comparables.

Request a Valuation

Machinery & Equipment

Valuation of vehicles, industrial machinery, IT equipment, inventories and other tangible movable assets. Reports for bank collateral, insurance and accounting.

Request a Valuation

Business & Share Valuation

Valuation of companies, shareholdings and intangible assets. DCF, market comparables and adjusted net asset methods for mergers, acquisitions or IFRS reporting.

Request a Valuation

Valuation Report Review

Review and verification of reports prepared by other valuers. Independent opinion in accordance with SEV 400 for courts, banks or public authorities.

Request a Valuation
EVAZ.RO — Advance Finance Consulting
2011 Founded

Building Trust Through
Quality Valuations

Our purpose: to build trust through rigorous valuation reports that underpin sound, well-founded financial decisions.

Founded in 2011, Advance Finance Consulting covers the full spectrum of property and asset types subject to valuation. Since 2017 we have expanded our portfolio with valuation report review services, with all our work carried out in accordance with Government Ordinance 24/2011 and ANEVAR standards.

Our reports are used for loan security, financial reporting, mergers, holding structures, stock exchange listings and impairment tests — each document being the instrument on which our clients base sound decisions.

ANEVAR accredited valuers
SEV and IVS compliance
Extensive banking experience
Court-appointed expert reports
Nationwide coverage
Acquisitions, mergers and holding structures

What Sets Us Apart

Professionalism, experience and respect for our clients’ deadlines — the values that guide every valuation we carry out.

01

Complete independence

Our reports are issued free of any conflict of interest, ensuring full objectivity towards every party involved in a transaction.

02

Strict compliance

We apply ANEVAR (SEV), IVS and IFRS standards, ensuring our reports are accepted both nationally and internationally.

03

Deadlines met

We understand that timing matters in business decisions. We commit to clear deadlines and consistently meet them.

04

Multi-sector experience

From residential property to complex businesses — 15 years of diverse experience, reflected in thousands of reports issued.

Four geometric elements. One philosophy.

Our logo is more than a graphic mark. Each element was designed to reflect the principles that guide our work.

  • The Circle

    Encloses the full spectrum of asset types we value.

  • The Triangle

    Stands for methodological rigour, independence and accuracy.

  • The Horizontal Line

    Draws a clear line between the subjective and the objective — this is our standard.

  • The Point

    At the centre lies the focus: fair value.

This is not merely our visual identity. It is the commitment we honour with every report.

The People Behind the Reports

ANEVAR accredited valuers with diverse expertise. On average, our team members have more than 8 years of experience in valuation.

Constantin Nișulescu

Constantin Nișulescu

Partner & Managing Director
ANEVAR — EPI ANEVAR — EBM
Bogdan Velicu

Bogdan Velicu

Partner
ANEVAR — EPI / MAA ANEVAR — EI / MAA ANEVAR — EBM ANEVAR — VE
Mădălin Popa

Mădălin Popa

Operations Director
Elena Barte

Elena Barte

Valuer
ANEVAR — EPI
Alexandra Niculăescu

Alexandra Niculăescu

Valuer
ANEVAR — EPI
CB

Cristian Burcea

Valuer
ANEVAR — EPI
GP

Gabriel Popescu-Bălășoiu

Valuer
ANEVAR — EPI

Institutions That Have Placed Their Trust in Us

We work with commercial banks, non-bank financial institutions, public authorities and companies across Romania.

Every report starts with a conversation.

What our clients say — from different sectors, with different needs, but sharing the same benchmark: a report you can rely on.

Testimonials translated from Romanian.

LTA Mondial

“Detailed reports, delivered on the agreed deadline. The EVAZ team gave us clarity in a complex transaction involving several asset classes.”

Liută Adam General Manager
Oil Depol

“Professionalism and methodological rigour. We particularly appreciated the transparency of the criteria used to value the industrial equipment.”

Oana Petcu Finance Director
Confer Group

“We have worked together for years and have never had an unpleasant surprise. That, for me, is the best recommendation I can give. When someone asks me who to call for a valuation, I answer without hesitation, and I do so with confidence, because I know that whoever calls after me will receive exactly the same treatment. In a business relationship, consistency is what matters.”

Laurențiu Drăgan CEO
Rent-Abil

“Serious people who know what they are doing. The report did not receive a single objection from those who reviewed it, which saved me time and discussions. When a document is done right the first time, it shows straight away.”

Corneliu Stan General Manager
Constantin Grup

“I asked for both speed and accuracy, and the EVAZ team delivered both, without making me choose between them. And whenever I had further questions, they were just as available as on day one.”

Constantin Beu General Manager
V&G OIL

“When you put money into an investment, you want figures you can trust. That is exactly what we received — a solid report that let me move forward with confidence.”

Vasilică Pamfil Managing Director
Ferma Baciu

“The EVAZ team understood the specifics of our agricultural business and delivered a clear report, useful in our dealings with lending institutions.”

Ana Maria Macrea-Baciu Finance Director
Auto Bias

“For a business with a high fleet turnover, time matters. The reports arrived on schedule, with no compromise on quality — exactly what we needed for our purchasing and financing decisions.”

Cosmin Barbă-Rasă Managing Director
Greco Proiect Solutions

“As engineers, we work with precision every day, so we know a job well done when we see one, and the reports were exactly up to the standard we hold ourselves to. We liked that we did not just receive a final figure, but also the reasoning and explanations behind it: the sources, the assumptions and the limitations of the analysis. This allowed us to discuss the substance, rather than simply take the result at face value.”

Iulian Grecu Managing Director
Grupul SICOR

“We worked with Advance Finance Consulting on the valuation of several companies within the group, and our experience throughout the entire process was very good. We particularly appreciated the transparent and constructive communication, as well as the availability of Bogdan and his team. All information and deliverables were provided on time, including during periods when deadlines overlapped with holidays, without this affecting the quality or pace of the collaboration. Another aspect we especially valued was the team’s flexibility and willingness to support us beyond the services initially agreed. Whenever we needed clarification or additional support, we received prompt, well-founded and, above all, genuinely useful answers for our business and our decisions. I would confidently recommend Advance Finance Consulting to any company looking for valuation services delivered with professionalism and rigour, with the promptness that a fast-moving business environment demands and, last but not least, with effective communication and close attention to the client’s real needs.”

Ruxandra Rusandu Finance Manager
Travel Time

“I recommend EVAZ to any company that needs accurate and fast real estate valuations. We worked with them on the valuation of Travel Time’s new headquarters at 49 Popa Tatu Street, Sector 1, Bucharest, Romania. They delivered precise reports, grounded in real market data rather than generic estimates. ANEVAR accredited valuer, punctuality and full support right through to the completion of the bank file. You rarely come across this level of professionalism in real estate valuation in Romania.”

Gabriel Mandache Managing Partner & Shareholder

Let’s Talk
About Your Project

Fill in the form or contact us directly. We will get back to you with a tailored quote within 24 hours.

Office
1-3 Lacul Tei Blvd., ISPE Building, Sector 2, Bucharest