Deloitte Romania, which reported fee
revenues of €30.8 million ($41.5 million) for the year ended May
2008, has opened two more regional offices in Timisoara and Iasi…
RSM International Turkish member firm Kapital Karden has expanded
its representation by establishing a cross-border office in Baku,
Azerbaijan… PricewaterhouseCoopers (PwC) Ireland has reported its
all-island fee income grew 10 percent to €355 million ($500
million) in the year ended 30 June 2008…

STRATEGY
Deloitte opens offices in Romania

Deloitte Romania, which reported fee revenues of €30.8 million
($41.5 million) for the year ended May 2008, has opened two more
regional offices in Timisoara and Iasi. Audit senior manager Adrian
Ion, who joined Deloitte in 2004, will lead the office in Timisoara
and previous PricewaterhouseCoopers employee Jacek Borys will lead
the Iasi office. Both offices will provide financial audit services
to private companies, public institutions and eventually expand
into fiscal and legal services, consultancy and financial
advisory.

Chairman of Deloitte Romania George Mucibabici said: “The
decision to include the two cities on Deloitte’s expansion map is
based on their economic development over the last years, doubled by
the growth in foreign investments and the important contribution of
big companies in the local and national business. Moreover, both
cities are renowned university centres that generate suitable
candidates for the company’s profile.”

STRATEGY
RSM Turkey expands into Azerbaijan

RSM International Turkish member firm Kapital Karden has
expanded its representation by establishing a cross-border office
in Baku, Azerbaijan. Kapital Karden specialises in audit, tax and
accounting. It currently has offices in the Turkish cities of
Ankara, Bursa and Istanbul. The firm recorded annual turnover of
about $7 million in 2007. The new Baku office will initially focus
on SME audit services and will be headed by Tural Maharramov.

FINANCIAL RESULTS
PwC Ireland reports solid growth

PricewaterhouseCoopers (PwC) Ireland has reported its all-island
fee income grew 10 percent to €355 million ($500 million) in the
year ended 30 June 2008. PwC senior partner Ronan Murphy said the
firm managed growth across the board despite the toughest economic
conditions in a decade. “We have seen growth in our financial
services, inward investment and international tax planning
practices, which reflects Ireland’s continued attractiveness as a
location of choice for business in the international arena,” Murphy
said. “However, the areas of strongest growth included our
performance improvement, business restructuring and tax advisory
practices – with this growth largely based on the work we are doing
with clients to help them deal effectively with the downturn.”