Friday, July 27 2018 14:54
Alina Hovhannisyan

EY Armenia`s 10th ANNIVERSARY & APRICOT PARTY 2018

EY Armenia`s 10th ANNIVERSARY & APRICOT PARTY 2018

ArmInfo. The Armenian office of one of the world-renowned consulting and audit companies- EY (Ernst & Young) has recently celebrated its 10th anniversary  in Yerevan among high- ranking employees from EY offices working in  different cities around the world, representatives of the Armenian  government, local and international business circles, as well as  clients, partners and friends of EY. The traditional Apricot Party  event this time took place on the terrace of the Radisson Blu Hotel.  

In an interview with ArmInfo, Head of EY CIS TAS (Transaction Advisory Services) Valuation Services, Partner Hakob Sarkissian said that over 10 years of  activity it is already possible to say that the company's service is  almost 100% localized in Armenia. "Today, we do a lot of work  independently in Armenia. Moreover, the solutions and services of  local specialists are successfully sold to the markets of the CIS,  Baltic and European countries, "he stressed.

According to Sarkissian in recent years, despite the complex economic  situation, the number of EY employees has not decreased, but, on the  contrary, has increased. "We give the opportunity to talented youth  to prove themselves. We involve new people for solutions aimed at  improving business efficiency, and we approach the situation with  optimism, "said EY representative.

Speaking about the transformation of the Armenian market towards  greater transparency and increasing demand for audit and consulting,  Sarkissian stressed that everything depends on the conditions created  in the country. Given that there have been changes in Armenia that  contribute to the conduct of transparent activities, EY is optimistic  about the future. "I believe that everything depends on us. It's easy  to talk about the need to ensure normal conditions, but it's more  difficult to provide them, "Sarkissian said. In this context, he  shared his impressions of his meeting with the Armenian Diaspora in  Russia: "Many people want to return, and ultimately, they do not need  much - just decent conditions, and in return, I'm sure they will  invest much more in the prosperity of Armenia's capacities and  skills. The Diaspora is ready, but most importantly, we should be  ready too''.

Touching upon the recent meeting with Armenian President Armen  Sarkissian, Hakob Sarkissian stressed that the conversation with the  head of the state encouraged him even more. According to him,  representatives of EY company during the meeting referred to the  activities of EY in Israel, which provided unprecedented growth in  the economy. "My dream is that Armenia experiences the same growth,"  Sarkissian cited Armenia's President. At the same time, he stressed  that the president's vision is inspiring, therefore the company needs  to organize everything properly.

Managing Partner for EY Armenia Eric Hayrapetyan stated: "I am very  glad that we are celebrating the 10th anniversary of our office with  those people thanks to whom we reached our current position in the  market:  customers, employees of the Yerevan office, our graduates  and, of course, the guests of the" Apricot Party " from different EY  offices around the world. The opportunities of the global company are  wide, and combined with enthusiasm of our compatriots they allow us  to fully discover the potential of EY in Armenia. Our community is  growing, we are making new friends. We still have a lot to do for  Armenia >>.  To note, EY company is a global leader in assurance,  tax, transaction and advisory services.  The company's staff totals  250 thousand employees in various countries of the world who are united by  common corporate values as well as commitment to ensure quality of  the provided services.

EY office has operated on the Armenian market since 1999, however,  the company launched active work starting from 2008, when the Yerevan  office became part of the CIS sub region.

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10 billion

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200 million

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200 million

Yield at cut-off price

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Maximum yield

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