Kyiv, 11 September 2012. Ernst & Young, a global leader in audit, tax, transactions and advisory, has announced a promotion at its Ukrainian practice.

"Igor Chufarov has been admitted to a partnership in the Tax and Legal practice at Ernst & Young Ukraine. Igor has over 12 years of professional experience in rendering tax and legal consulting services, specializing primarily in providing advice to financial institutions and corporate restructuring.

Volodymyr Kotenko, Head of the Tax and Legal practice at Ernst & Young in Ukraine, said: "The need for professional business consulting support on tax issues nowadays is as important as ever, particularly because of the variability and unpredictability of the tax legislation and the increase in the number of tax disputes. Igor is a well-known and experienced professional. I am confident that his appointment will strengthen Ernst & Young’s leading position on the professional services market in Ukraine and will contribute to new achievements on the part of our tax and legal practice.”

Recently Ernst & Young announced the promotion of 548 partners throughout its global organization. This year, 19 people were admitted to partnership at Ernst & Young in the CIS. They will continue to develop our key service lines: Assurance, Tax, Transactions and Advisory.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.

Ernst & Young expands its services and resources in accordance with clients’ needs throughout the CIS. 4,000 professionals work at 18 offices in Moscow, St. Petersburg, Novosibirsk, Ekaterinburg, Kazan, Krasnodar, Togliatti, Yuzhno-Sakhalinsk, Almaty, Astana, Atyrau, Baku, Kyiv, Donetsk, Tashkent, Tbilisi, Yerevan and Minsk.

Ernst & Young established its practice in Ukraine in 1991. Ernst & Young Ukraine now employs more than 500 professionals providing a full range of services to a number of multinational corporations and Ukrainian enterprises.

For more information about our organization, please visit www.ey.com/ua.