Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

PricewaterhouseCoopers is a multinational professional services network of firms, operating as partnerships under the PwC brand. PwC ranks as the second-largest professional services network in the world.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

Global 500, is an annual ranking of the top 500 corporations worldwide

Global 500
Revenue(RF), mln.USD
225
Assets(RF), mln.USD
149
Capital(RF), mln.USD
37
Glob.Revenue, mln.USD
45100
Staff(RF), 2021
3700
Taxes(RF), mln.USD
40

Had subsidiary company in Russia. Accountants in Cyprus break from PwC to retain Russia-linked clients. Former PwC Cyprus staff launch firm to serve Russia-linked clients. PwC Cyprus moved £1bn for Russian tycoon on day he was put under sanctions.

The Company Statement
November 08, 2022

Left Russia completely. On 30 June the legal agreement for the departure of the firm in Russia from the PwC Network was signed. 'We can confirm that today (4 July 2022) all aspects of the departure of the former PwC firm in Russia have been completed and PwC no longer has a firm in Russia'. 12.07.2022: "TUST TECHNOLOGY AUDITORS AND CONSULTING GROUP" JOINT STOCK COMPANY becomes the new founder of the organization. 04.06.2022: A record of the founder of limited liability company "PricewaterhouseCoopers" Auditing Service "Limited Liability Company "Technologies - Auditing Services" is deleted by the new founder of the organization, 03.06.2022: Full name changed from JOINT STOCK COMPANY "PricewaterhouseCoopers Audit" to JOINT STOCK COMPANY "TEHNOLOGII DOVERIA - AUDIT", 17.05.2022: the full name was changed with the limited liability company "PricewaterhouseCoopers Consultation " LIMITED LIABILITY COMPANY "TECHNOLOGIES OF TRUST - CONSULTATION"

November 14, 2023PwC Cyprus moved £1bn for Russian tycoon on day he was put under sanctions
November 14, 2023PwC Cyprus probably violated sanctions while working for Russian oligarch Mordashov - media
January 26, 2023Letter sent by B4Ukraine to the company (no response provided)
January 06, 2023Former PwC Cyprus staff launch firm to serve Russia-linked clients
July 04, 2022Statement on PwC Russia - Update (4 July 2022)
March 09, 2022PwC in Russia announced a "smooth divorce" from the global network
March 07, 2022Statement on PwC Russia
March 07, 2022Statement on PwC Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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