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Ernst&Young Introduces New Office In Armenia

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  • Ernst&Young Introduces New Office In Armenia

    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.
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