PricewaterhouseCoopers has been created by the merger of two networks of firms — Price Waterhouse and Coopers & Lybrand — each with historical roots going back some 150 years. Set out below are some key milestones in the history of both firms.
Timeline
1849 — Samuel Lowell Price sets up business in London
1854 — William Cooper establishes his own practice in London, which seven years later becomes Cooper Brothers
1865 — Price, Holyland and Waterhouse Join forces in partnership
1913 — Coopers & Lybrand Deloitte opens office in St. Petersburg
1916 — Price, Waterhouse & Co opens office in Petrograd
1957 — Cooper Brothers & Co (UK), McDonald, Currie and Co (Canada) and Lybrand, Ross Bros & Montgomery (US) merge to form Coopers & Lybrand
1982 — Price Waterhouse World firm formed
1989 — Price Waterhouse opens Representative Office in Moscow
1990 — Coopers & Lybrand opens office in Moscow
1998 — Worldwide merger of Price Waterhouse and Coopers & Lybrand to create PricewaterhouseCoopers
2010 — PwC has refreshed its branding. The new branding includes a simplified logo consisting of the initials “pwc” in lower-case type. This formal shortening of the brand name will provide consistency and ease of use for PwC firms around the world
2014 — PwC celebrated twenty five years on the Russian market
2014 — Strategy& was formed on March 31, 2014, when the firm formerly known as Booz & Company combined with PwC to form a new kind of consulting team, offering strategy-through-execution services under one roof.
We believe that the best outcomes are achieved through close collaboration with our clients and the stakeholder communities we serve. So, every day, more than 2,500 PwC professionals in offices in Moscow, St Petersburg, Ekaterinburg, Kazan, Novosibirsk, Rostov-on-Don, Krasnodar, Voronezh, Vladikavkaz and Ufa work hard to build strong relationships with clients and understand the issues and aspirations that drive them.
At PwC, we measure success by our ability to create the value that our clients, our people and the wider investing public are looking for.
+ Our Services
• Audit and Assurance • Business Consulting • Corporate Training • Deals • Government and Public Sector Services • Human Resources • Private Company Services • Risk Assurance • Tax and Legal Services
+ Our Team
More than 2500 professionals work in PwC Russia’s offices. • 90 partners: 76 Russian and 14 foreign • 39 of our partners are women • more than 1350 accountants and auditors • more than 600 tax and legal consultants • 500 consultants in the areas of investment, corporate finance and business advisory services
+ Our Clients in Russia
2000 companies make up our client base including 202 companies from the Expert Top 400. • 10 of the 10 largest financial companies and banks • 9 of the 10 largest oil and gas companies • 6 of the 10 largest power industry companies • 8 of the 10 largest retail companies • 8 of the 10 largest metallurgical companies • 4 of the 6 largest telecommunication companies • 6 of the 8 largest mining companies
+ Thought Leadership
PwC regularly publishes research on issues relevant to the Russian and international business community: • Annual Global CEO Survey (global and Russian editions) • Russian Boards Survey • Private and Family Business Survey • Cities of Opportunity • Global Economic Crime Survey • Russia's current economic downturn: a 360° view • Total Retail (global and Russian editions) • Global entertainment and media outlook • Outlook for Russia’s automotive market • Annual HR Benchmarking Survey (PwC Saratoga) • MoneyTreeTM: Venture Market Navigator • Global State of Information Security® Survey • Banking Banana Skins • Doing Business and Investing in the Russian Federation
+ Our Achievements
• In 2016, PwC was named the strongest brand in the Business for Business category by Brand Finance and was ranked among the top 10 most influential global brands in the annual rating. • The Legal 500 rating recommends PwC Legal as one of Russia’s leading law firms in the following categories: corporate law and M&A (Moscow), employment law and taxation (2016). • PwC Legal was recommended as one of Russia’s leading law firms for taxation by Chambers & Partners Europe (2016). • No. 1 among audit firms in Forensic, Vault (2016). • Treasury Operations Consultant of the Year, according to Treasury Management International (TMI) magazine (2015). • In 2015, PwC Russia was named for the sixth time as Russian Tax Consulting Firm of the Year in an annual competition held by International Tax Review magazine. • In 2015, PwC was ranked No. 2 in the “Most Attractive Employer” category as part of the first-ever Universum Top 10 rating of the world’s best employers. • In 2015, PwC Russia was ranked second among major audit and consulting groups in Russia, according to the Expert RA ratings agency. • In 2013, PwC Russia was the winner of the “Gateway to the Future!” Sustainability Award conferred by the Sochi 2014 Organizing Committee in the “Economic Prosperity” category.
+ Corporate Responsibility
• Community • Environment • People • Marketplace • Over 2500 hours of volunteering done by PwC employees in 2015. • Over 20 projects were carried out under our corporate philanthropy programme. • 17 university students from Kazan, Krasnodar, Nizhny Novgorod, Novosibirsk, Rostov-on-Don, Chelyabinsk and Ekaterinburg were awarded PwC Russia scholarships. • PwC staff delivered over 2,000 hours of pro bono lectures at Russian universities.