BDO Turkey has merged with accountancy firms Asset Limited and EVC.

In a bid to augment its presence in Turkey, the accountancy network’s latest mergers increase its Turkish capacity to 13 partners with over 120 personnel based in Istanbul and Ankara.

BDO Turkey said it anticipates a €2m increase in revenue during 2013, which is around TRY4.7m. The increase is expected to widen the current small difference in revenue between the firm and Grant Thornton Turkey.

According to the latest International Accounting Bulletin Turkey survey BDO Turkey is the fifth largest mi-tier player in the market with revenues of TRY15.7m, while Grant Thornton reported TRY15.2m for year ended 31 December 2011.

BDO Turkey managing partner, Haluk Kaptanoglu, commented that the network was "delighted" with the mergers.

He said the incorporation of Asset LTD and EVC into BDO Turkey will "further strengthen" the 31 year old firm’s client service offering, as well as "their position in the Turkish market."
BDO Europe’s chief executive Anders Heede said Turkey is an " increasingly important market" for BDO as the network serves its international clients.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.