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The management and technology consultancy expands its business in Eastern Europe

Moscow, February 18, 2013 - BearingPoint (www.bearingpoint.com) has expanded its geographical reach with the opening of a new office in Ukraine. With this step the management and technology consultancy aims to develop cooperation with its key clients in this strategic region as well as expanding its client base through the new practice. BearingPoint is now represented in 16 countries and serves its clients globally through a network of strategic partners.

BearingPoint Partner Andrei Kriukov has been appointed as head of the Ukraine office. He has been working for the company for over 13 years and has experience in managing major projects for Russian and Ukrainian companies. BearingPoint’s Practice in Russia and the CIS Region is led by Natalia Krasnoperova, who has been General Director of the Moscow office since 2007.

Commenting on the event Natalia Krasnoperova said: “The decision to expand BearingPoint operations in Ukraine is mainly related to the potential we see in the Ukrainian market in relation to the increasing number of projects our consultants are delivering in the region. Our presence in Ukraine will further facilitate prompt response to our client's needs based on our experience and deep expertise in cutting-edge solutions in European and Russian markets.”

Peter Mockler, Managing Partner at BearingPoint, stated that "for BearingPoint, presence in one of the fastest growing markets in Eastern Europe is of strategic importance. The new office reflects our commitment to Ukrainian market and to Russia and the CIS region in general, entry to Ukraine is a major milestone for BearingPoint. This will enable us to use our global experience to contribute to national economic growth by offering leading IT and business technology solutions.”

Currently BearingPoint is implementing a major business processes transformation project for Ukraine's largest company, metals and mining holding Metinvest. “The fact that our strategic partner in business processes automation will now be present in the Ukrainian market is very important to us. BearingPoint will have an opportunity to develop local resources and more actively involve the best Ukrainian specialists. For Metinvest this will be an additional advantage in terms of further cooperation with an international consulting company with a rich industry experience. We hope that this event will have a positive effect on our mutually beneficial cooperation and wish BearingPoint a successful business growth in Ukraine”, said Alexander Avramenko, OOO Metinvest Holding Business Processes Transformation Director.

Andrei Kriukov commented: “The opening of a new office is a logical step in strengthening our position in Ukraine's market were we have previously delivered a number of major projects. Having an office in the country will simplify communication with our clients operating in Ukraine. This will empower us to offer a wide range of consulting services to Ukrainian companies by providing access to the knowledge and expertise of our 3,500 BearingPoint professionals. I expect that our modern solutions tested in the European market will be relevant for Ukrainian companies.”

About BearingPoint

BearingPoint delivers business consulting with management and technology capabilities. As an independent firm with European roots and global reach BearingPoint serves leading companies and public sector organisations world-wide to align and optimise processes, IT and operating models with business strategy. Driven by a strong entrepreneurial mindset and desire to create long-term partnerships, BearingPoint’s consultants are committed to delivering excellence and value to their clients. The firm’s approach to working with clients is highly collaborative and designed to improve business performance, from strategy through to execution. BearingPoint currently employs 3,500 people in 16 countries.

For more information, please visit: www.bearingpoint.com

About Metinvest

Metinvest is an international vertically integrated steel and mining company owning assets in Ukraine, Europe and the United States and managing each link of the production chain – iron ore and coal mining and coke production through to semi-finished and finished steel production; including the manufacturing of plate and coil, pipe rolling, shapes and bars and large diameter tubes.
According to Forbes Metinvest is the largest company of Ukraine, and it occupies the 6th place among the largest companies in Central and Eastern Europe - Deloitte TOP-500 by results of 2010.
Metinvest is the largest in Ukraine and one of the largest CIS producers of iron ore raw materials and steel. 
The company is one of the top-ten producers of carbon steel plates. Metinvest occupies the 24th place among the world largest steel companies according to the World Steel Association (worldsteel). In November 2010, Metinvest has completed the merger with Ilyich Iron and Steel Works that doubled the company's crude steel production capacity to more than 15 million Mtonnes per year.

For more information please visit www.metinvestholding.com

Press contact Metinvest 
Press Centre 
Phone +38 (062) 388 16 70 
press@metinvestholding.com

Press contact

Alexander Bock
Manager Communications
Tel. +49 89 540338029