It is now 20 years since KPMG opened our first office in Central and Eastern Europe (CEE). Since then we have grown to a point where we have almost 5,000 staff working in 18 countries.
KPMG firms in CEE work closely together to meet the needs of international, regional as well as local clients. Shared centers of excellence and infrastructure help to ensure a high level of client service throughout the region. Because we believe that consideration of national characteristics is the key to any successful business venture, we offer our clients customized advisory services based on familiarity with the people, countries and economic conditions of the countries in which we do business, and we know that local developments must be seen in a larger, global context to enable thinking in strategic dimensions.
Through a worldwide network of member firms, KPMG offers clients the benefits of an extensive multinational pool of skilled and experienced professionals who possess an intimate understanding of each of their national markets.
Practices included in the Central and Eastern Europe sub-region are located in:
• The Balkans (Albania with its branch in Kosovo, Bulgaria and Macedonia);
• The Baltics and Belarus (Belarus, Estonia, Latvia, Lithuania)
• Croatia and Bosnia & Herzegovina
• Czech Republic
• Romania and Moldova
• Serbia and Montenegro
Our country practices are organized around our Audit, Tax and Advisory functions.
Public trust in the capital markets is largely grounded in its confidence in the independent audit of company finances. KPMG member firms uphold the highest standards of audit integrity. We support our Audit teams with substantial resources and appropriate technology.
Our tax services are designed to reflect client needs. We can help with the tax implications of, for example, cross-border acquisitions or a global transfer pricing strategy. Our member firms work with clients to achieve effective tax compliance, manage tax risks and control their associated costs.
Our Advisory professionals help a range of organizations mitigate risk, improve performance and create value. Our member firms provide risk and financial advisory services that help clients tackle immediate issues and plan for the long term.
Increasingly we see the need to focus on key industry sectors, combining local knowledge with access to global resources and know-how. This also enables us to identify trends and provide insight to those executives operating across CEE.
Industries and sub-sectors continue to both consolidate and expand across the region and beyond. This means that business issues relating to accounting, tax, mergers & acquisitions, and risk management are increasingly defined by the industry within which companies operate. At the same time, while KPMG’s local knowledge will always be an essential element of the value we provide, increasingly it is our ability to work across geographical and regional borders that allows us to answer questions and approach complex issues which keep management awake at night.