We managed to gather family and business into one big happy family" - Florin Madar, in his speech for the launching of Family Business Network Romania - 12 March 2013.
TEMAD is a family business, member of the association Family Business Network Romania (FBN Romania).
Family Business Network Romania Association was established in 2012 and aims at popularising in Romania the “family business” concept and the family businesses’ potential for Romania’s economic and social growth.
Florin Madar, as General Manager and sole shareholder of Temad, is a founding member of Family Business Network Romania, next to Omnilogic, Global Vision and MB Telecom.
Temad and Madar family thus enter the Family Business Network (FBN), an international network comprising the largest business-owning family in the world, among which we mention: Samsung Electronics, L’Oreal, IKEA, LG Group, Henkel, Louis Vuitton, Holcim, Ford, Toyota, Volkswagen, BMW, FIAT, Hyundai, Michelin, Carrefour, Roche, Novartis, Mars, Auchan, Arcelor/Mittal, Tata Group, Porsche Auto, etc.
Present in 57 countries, FBN reunites over 5,600 leading families holding and controlling successful businesses in Europe, North America, Asia-Pacific and Latin America – details here.
Starting with 2015, Florin Madar becomes the President of FBN Romania and the same year, FBN Romania becomes member of the European Family Businesses, headquartered in Brussels.
The European division, European Family Businesses, accounts for 1.8 trillion Euro from the consolidated turnover, 18% of the European Union’s GDP and over 5 million jobs.
FBN’s vision is Family, Ownership, Excellence, Commitment, Continuity, Business Brand, Individual Appreciation, Pride.