ERNST&YOUNG INTRODUCES NEW OFFICE IN ARMENIA
ARKA
oct 29, 2008
YEREVAN, October 29. /ARKA/. Ernst & Young, a leading international
auditing service operating in Armenia for a decade now, announced
its new location in Yerevan, a representative of the company told
ARKA News Agency today.
According to Karl Johansson, the Ernst & Young CIS Managing Partner,
the increasingly growing Armenian market and, in particular, its close
ties with the countries of Europe, Middle East, Africa and India,
contributed to the decision to expand the activities of the company
in Armenia.
Johansson noted that the clients of the company that operate in
Armenian market, have leading positions in their fields and have a
major influence on Armenia’s economy. He stressed Ernst & Young’s
presence in Armenia will play a part in the economic and business
development of the country, as Armenia shows dynamic economic growth
and many companies are increasingly facing the challenges. The company
is ready to assist Armenia’s expanding business community in a wide
range of services and its international experience.
Hakob Sarkissian, the Head of CIS Transaction Advisory Services,
stated the company will operate in Armenia using its experience in
Europe, Middle East, Africa and India.
"We already have 15 specialists in Yerevan, many of whom have been
trained in our Moscow office," he said.
Ernst & Young is a global leader in assurance, tax, transaction
and advisory services. Worldwide, its 135,000 workers provide a
comprehensive auditing and consulting services.
Ernst & Young experts have assisted CIS companies in attracting a
total of $27,8bln worth capital during IPO.