Andersen Global adds members in Bulgaria, Czech and Serbia

Andersen Global has strengthened its presence in Eastern Europe with the addition of new member firms in Bulgaria, Czech Republic and Serbia.

In Bulgaria, the global professional services network has inked a collaboration agreement with Advance Valuations, one of the leading valuation firms in the country.

The Sofia-headquartered specialist consulting firm has more than 90 valuers and last year conducted over 10,000 valuations for banks, insurance groups, real estate companies, as well as other clients.

Advance Valuations will become a partner of Andersen Global’s Valuation practice, which works with companies, funds, high-net-worth individuals, and family offices to provide valuations of businesses, tangible and intangible assets, and complex securities for tax, financial reporting, and transaction advisory purposes.

Commenting on the affiliation, Tzenka Bojilova, Managing Partner of Advance Valuations, said: “As the valuation sector continues to evolve, our professionals remain committed to delivering comprehensive, tailored solutions. Our collaboration with Andersen Global enhances our service capabilities to meet client needs and is a key milestone for our global reach.”

In the Czech Republic, Pražská Znalecká Kancelář (PZK) – also a specialist in valuations – has become a collaboration partner of Andersen Global.

Led by managing partner Petr Smid and based in Prague, PZK’s team specializes in valuation solutions for real estate, business advisory, securities, litigation, transfer pricing, mergers and acquisitions, and tax. The firm works for domestic and international clients.

“Collaborating with Andersen Global drives our firm’s development efforts forward as we continue to deliver integrated solutions and build long-lasting client relationships,” Smid said. “Together, with the member and collaborating firms, we will leverage our collective expertise to create unparalleled value for our clients.”

Launched in September last year, Andersen Global’s Valuation practice has grown rapidly since its inception, with the latest two agreements lifting its coverage to around 20 countries throughout Europe. “Valuation is a significant area of growth for Andersen and Europe is one of our fastest growing regions as we expand our Global Valuation practice to serve our clients wherever they do business,” said Mark Vorsatz, Chairman and CEO of Andersen Global.

Meanwhile, in Serbia, Andersen Global earlier this year welcomed Andersen Savjetovanje to its ranks. Led by Managing Partner Miro Senica, the firm delivers a range of tax and advisory services, including VAT advisory, transfer pricing, corporate and indirect tax compliance, tax dispute resolution, due diligence, financial restructuring, anti-money laundering, mergers and acquisitions, and transaction services.

“In an increasingly intricate business environment, the importance of client-centric, integrated solutions has never been more pronounced,” Senica said. “We look forward to working alongside the member and collaborating firms of Andersen Global to provide comprehensive solutions and bring significant value to our clients both regionally and globally.”