EY, PricewaterhouseCoopers and KPMG are pulling out of Russia in response to the war in Ukraine, the latest companies to conclude business ties to the country are untenable in the wake of its invasion of Ukraine.
EY said in a statement it has “has commenced a restructuring of its Russian member firm to separate it from the global network.” It said its operations in Russia have more than 4,700 people and EY will no longer serve any Russian government clients, state-owned enterprises or sanctioned entities and individuals anywhere in the world.
