Nordic financial management services leader Accountor Group starts up in Denmark

30/05/2007.

New opportunities in modernizing financial management processes

The Accountor Group, the leading Nordic financial management services group, announced today that they have established a joint venture, Accountor Denmark, with Nielsen & Christensen, one of the largest Danish auditing firms to provide financial management outsourcing services in Denmark. Hans Jorgen Rasmussen, a partner at Nielsen & Christensen, was invited to lead Accountor Denmark.

Accountor Group is the largest financial management outsourcing company in the Nordic countries and the Baltic Sea region with 1,300 employees. The group has operations in Finland, Sweden, Norway, the Netherlands, Russia and the Baltic countries and is now expanding to Denmark. Accountor Denmark will serve Danish companies and also provide local services for international companies customers of the Accountor Group who have operations in Denmark.

"We have seen an increasing demand for the advanced financial management outsourcing services. However, our core business is auditing. We felt that this new business requires strong focus and dedicated resources. We also needed a partner with leading edge expertise. The Accountor Group is a forerunner and also the market leader in the Nordic countries. We found them an excellent partner with whom to build and offer these services for the Danish companies,” says Finn Korgaard., Chairman of N&C.

Nielsen & Christensen is one of the largest auditing firms in Denmark, dating back almost 60 years. "We wanted to expand our services also to Denmark and were looking for an experienced market player with good reputation. Nielsen & Christensen is a great match with us. I am very pleased about having them as our Danish partner", says Asko Schrey, CEO of the Accountor Group.

Accountor Denmark has already agreed on providing financial management outsourcing services for 20 customers. The company has started with a team of 8, and recruitment is in progress. “We believe that, similar to other Nordic countries, there will be a great growth in demand for financial management outsourcing services. I am excited about the opportunity to build this new business. We have every opportunity to succeed," says Hans Jorgen Rasmussen, managing director of Accountor Denmark.

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