In 2010, the KPMG Metals & Mining Sector became part of the new KPMG Energy & Natural Resources - Centre of Excellence in Russia and CIS. Today, as one of 11 Global Centres of Excellence, we are able to bring leading expertise to the region, to deliver customised solutions to our Metals & Mining clients that enable them to respond quickly and effectively to industry opportunities.
Although the global economic crisis is now over, it was a huge wake-up call to the global Metals & Mining sector, which responded by focusing on the efficiency of its operations and administration. It is the firm position of the KPMG Metals & Mining team that this focus should not stop now. What we have learned is that commodity prices can just as easily fall again as well as rise, so the need to improve profitability through a continued focus on efficient production should be central to the strategies of all major Metals & Mining firms.
The KPMG Metals & Mining team is today the leading audit provider for the sector in Russia and CIS, with many of the top companies as our audit clients. The insights we are able to learn from this close cooperation with the industry’s leading players have enabled us to develop high-quality, customised advisory offerings aimed at providing the solutions that Metals & Mining firms need in order to enjoy continued advances in efficiency and effectiveness.