Mazars

Mazars is an international audit, tax and consulting company named after its founder Robert Mazar. In 1940, he opened an accounting business near the city of Rouen in the West of France.

The company specializes in audit, accounting, tax, law and consulting services.

Business in Russia

2022: Separation of Russian Practice from Mazars International Network

In July 2022, amid the conflict in Ukraine, the united Russian practice separated from the international Mazars network.

2021: Association with the Russian audit group "Marillion"

Mazars, an international company providing services in the field of audit, accounting, and consulting taxes law, on September 6, 2021 announced its merger the Russian with the audit group "." From Marillion September 2021, Marillion becomes part of the Mazars network and will continue to provide services under the Mazars brand. More. here

1995: Beginning of work in Russia

Mazars has been present in Russia since 1995.

History

2022: Lawsuit from a company with Russian roots XTX Markets for discrimination during the conflict in Ukraine

After the outbreak of the conflict in Ukraine, XTX Markets, one of the largest algorithmic market makers in the world, sued the British accounting firm Mazars, accusing it of discrimination and refusing to calculate its employees' salaries. According to the lawsuit, the defendant refused to work with XTX Markets due to the fact that the founder and owner of the company has Russian citizenship.

The company was founded by Alexander Gerko - a mathematician from Russia, who has Russian citizenship and since 2016 - Great Britain, writes FT. Now Gerko owns at least 75% of the company.

To avoid sanctions, Alexander Gerko and the XTX Markets Foundation donated 1 million euros to create a new mathematical center in Ukraine.

2020: Brand Renewal and Activity Expansion

On October 21, 2020, Mazars announced a large-scale rebranding: the updated corporate identity reflects its values ​ ​ that have been formed over the decades. The updated range of services and territorial expansion translate an integrated approach to work, combining international coverage with a deep understanding of local specifics. The changes will affect divisions in more than 90 countries of the world, including three Russian cities (Moscow, St. Petersburg and Togliatti), where the company is showing steady growth and continues to expand.

The company is launching a rebranding amid robust, balanced growth and international expansion. In particular, Mazars has expanded its focus on accounting, tax and legal services. In addition to the classic services provided in the audit and consulting market, Mazars, responding to the challenges of digitalization, also offers services in the field of innovative technologies for business, the demand for which has increased greatly from Russian clients. Services include automating financial and management reporting using Business Intelligence tools, as well as configuring robotic processes (Robotic Process Automation), developing solutions for automating routine tasks, optimizing work with Big Data, etc. Such solutions have high relevance for companies of any size that need to maintain sustainable growth, Mazars noted.

"I am pleased to reveal our revamped brand and positioning after two years of extensive research that has involved partners, employees, customers and other stakeholders. It reflects who we are today and which company we would like to become in the future. We are a unified, cohesive team with offices around the world, with the necessary scale to serve large international clients and the ability to be creative and personalized, "said Hervé Elias, CEO and Chairman of Mazars Group.

2019: Revenue - €1.8 billion

The company's revenue at the end of 2019 amounted to €1.8 billion.

2016

Old Mazars logo

As of August 2016, Mazars has more than 17 thousand specialists in 77 countries of the world. The head office of the company operates in France, in Paris, in the La Défense business district.

2008-2015

Mazars Performance Presentation, (2015)