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Ernst&Young unites 87 an expert in the Europe, in the Near East, in India and Africa.
21 April 2008Executive and consulting council of the international auditor company Ernst&Young Global has approved the plan on integration of 87 practices of the company in Western and the East Europe, in the Near East, in India and Africa. The new incorporated practice will refer EMEIA (Europe, Middle East, India and Africa). Management of the company has also confirmed the information that more than 700 partners have supported the similar plan on integration of 15 practices Ernst&Young in the Far East.
EMEIA Practice will officially begin to work as the uniform organization with a uniform management since July, 1st 2008. In the end of May of current year it is planned to take voting concerning integration in which 3,3 thousand EMEIA partners will participate. The capital of the new organization will make 11,2 billion dollars and more than 60 thousand employees will work there.
In result of creation of new regional practice in the Far East the organization with the capital in 1,2 billion dollars and more than 20 thousand employees will be formed. This structure will also officially begin to work since July, 1st 2008.
Earlier, in 2006, Ernst&Young has declared integration of practices in 29 countries of Northern, Central and South America.
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