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“Our markets will also shape the development of our firm towards 2012. In the short term, I am cautiously optimistic. While high and volatile commodity prices and the ongoing credit crunch are factors we have to consider, the economies of CEE are still creating some of the best opportunities for growth in the world. In the medium to long term, the outlook is incredibly positive. The long-term growth trend in CEE will far exceed more developed economies, which is a major plus for our firm. It is also a challenge. If we are going to continue to be the leading firm in the region, to be distinctive and differentiated, we need to outperform that growth. We cannot and will not allow our leadership to be threatened by any sense of complacency about our markets.”

Mike Kubena (CEO, PwC Central and Eastern Europe).

PricewaterhouseCoopers is the only one of Big 4 firms to have regional partnership which means that across Central & Eastern Europe (CEE) we act as one firm. This increases our ability to provide seamless service for our clients and means greater international exposure and mobility for our staff across our 25 countries.

CEE is one of the world’s most dynamic regions, characterised by;

  • Strong growth in consumption & investment
  • Rich in natural resources
  • Strong industrial base
  • De-regulation, privatisation & restructuring
  • Productive workforce
  • Cross-border investment & capital market development
  • Export-led growth
  • European political & economic integration
There is a combined population of over 400 million people and an area of 23.5 million square kilometres (2.5 times the size of the US).

PwC CEE had FY08 revenues of USD861 million which grew by 31% from the previous year. This revenue growth was the highest in PwC globally compared with 3% for North America & the Caribbean and 18% for Western Europe. Another indicator of our success has been the growth of our office network. We have opened three new offices recently in — Constanta (Romania), Yerevan (Armenia) and, most recently, Kazan (Russia). PwC now has the largest and best resourced network of any of the Big 4 firms in CEE, which brings direct benefits for our clients in terms of accessibility, responsiveness and local market knowledge.

Our people statistics also tell a story of strong growth. As a result of the revenue growth being experienced, the firm is facing the challenge to increase numbers of partners and staff within the region. Our total headcount increased to over 8,000 at the end of 2008 and this is anticipated to double in the next few years. These statistics demonstrate both how successful we are at attracting talented individuals to the organisation and the tremendous scope for career progression to the highest levels in our firm.

Why PwC?

The rich career and professional development opportunities offered by PwC are major reasons why people join, and stay with PwC. In addition to significant training and development courses and programs, you will learn from on-the-job training and coaching from those around you. We are committed to a strong coaching culture, meaning that everyone, regardless of level or experience has someone they can learn from taking an interest in where their career is heading.

Coaching relationships based on trust and respect can be enormously rewarding for both coaches and coachees. As a coachee in PwC you have ownership over your career and can take personal responsibility for your career progression. Later as a coach within PwC you will have a unique opportunity to assist your own coachee.

Our Services

Assurance

Major structural changes and the growing importance of auditing and assurance as a component of good corporate governance are raising the benchmark in terms of financial reporting requirements.

Your expertise as a PwC auditor helps ensure that the various stakeholders have access to the information they require. At PwC, your work goes way beyond mere number-crunching. Your job will also include identifying risks in processes and systems, analysing business processes, and engaging in constructive and critical dialogue with the client’s management, audit committee and board of directors.

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Tax & Legal Services

From local SMEs to large multinationals, the tax and legal environment has a key bearing on any company’s profitability.

As a tax advisor at PwC, you can draw on the knowledge and expertise of a global network to help each client recognise and exploit its unique strategic potential. Your work will involve a whole array of challenges such as tax optimisation, establishing subsidiaries, structuring business processes, mergers, and aspects of finance.

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Advisory

Today’s companies face a more challenging business environment than ever before. Internationalisation, new technologies and an increasing focus on shareholder value are making the markets even more competitive. Business is changing so rapidly that companies are forced to act quickly, but cannot afford to make the slightest mistake.

As an advisor at PwC, you help our clients make the right strategic decisions and implement them efficiently. PwC advisors work in three main areas: Transaction Advisory, Crisis Management and Performance Improvement. Whether you’re advising clients on mergers and acquisitions, setting up a risk management system or designing processes, the solutions you come up with will have a lasting impact on their business.

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