Andersen and Ernst&Young to offer combined services on Polish market

According to unconfirmed information, Andersen and Ernst&Young, two competitors on the Polish auditing-consulting market, will sign a final agreement on their merger, having already signed a letter of intent on April 9. However, this information has not yet been confirmed by Bartlomiej Pawlak, spokesman for the Polish branch of Andersen. It was already known, though, that both companies planned to hold a press conference today devoted to their merger. Andersen as an auditing brand is to disappear from the Polish market and the new company, created after the merger, will be called Ernst&Young. The current president of Ernst&Young, Krzysztof Kielbratowski, will become its head with Duleep Aluwihare, currently president of Andersen, as vice president. (Prawo i Gospodarka, p. 5) P.W.