E&Y is financial advisory market leader

“All four global giants have similar expertise areas, and the differences come from the way in which they deliver their services. I do not think the differences are major, probably some are more developed on audit and some on taxes,” said Camelia Horlaci, Country Manager Partner of Ernst & Young Romania.

Horlaci indicated that the local advisory market is dominated by financial advisory services and estimates that the market will increase some 25-30 percent in 2008. Considering European markets with tradition, Horlaci said ranks among the top five-six states in terms of importance.