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Grant Thornton Amyot's Revenues To Make 3.5 Million Dollars This Yea

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  • Grant Thornton Amyot's Revenues To Make 3.5 Million Dollars This Yea

    GRANT THORNTON AMYOT'S REVENUES TO MAKE 3.5 MILLION DOLLARS THIS YEAR

    Noyan Tapan
    Nov 1, 2007

    YEREVAN, NOVEMBER 1, NOYAN TAPAN. Grant Thornton Amyot is the largest
    consulting and audit company in the Caucasus by its revenues and
    the number of employees and one of Armenia's biggest tax payers,
    the director of Grant Thornton Amyot Armand Pinarbasi stated at the
    November 1 press conference dedicated to the 10th anniversary of
    the company.

    In his words, the company's revenues are forecast to make 3.5
    mln dollars by the results of 2007 against 3 million dollars in
    2006. The company annually pays taxes equivalent to nearly a million
    dollars. Among Grant Thornton Amyot's customers in Armenia are 300
    local and foreign private companies of various sectors, almost all
    international structures operating in the country, various NGOs, state
    institutions, 15 banks. Among Grant Thornton Amyot's customers are also
    Georgian, Russian, Ukrainian, Belorusian, Uzbek and Kazakh companies.

    The network of Grant Thornton International includes 521 advisory
    and audit companies with a total of 25 thousand employees located in
    113 countries.

    The total amount of revenues of these companies has made 3.5
    bln dollars this year. According to A. Pinarbasi, Grant Thornton
    International is the only group of consulting and audit comapnies to
    function under the same name over 27 years.

    Grant Thornton has been operating in Armenia since 1991. In 1994,
    Grant Thorton France founded its subsidiary in Armenia, reorganizing
    it into Grant Thornton Amyot joint venture in 2007. At that time the
    company has 10 employees, whereas now - 120 ones who work in the audit,
    business advice, tax and accounting, and legal units of the company.

    In the words of Daniel Kurkjian, the president of Grant Thornton
    France, "when the decision to establish an Armenian office was made 15
    years ago, we were sure that we will succeed. An excellent team which
    has formed at Grant Thornton Amyot. It quickly learned international
    experience of audit and advisory work".
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