According to Reuters article published on November 9, 2022, Russia's Evraz (EVRE.L) said on Wednesday its auditor Ernst & Young has terminated services due to the sanctions imposed on the steel maker following the Russia-Ukraine conflict, highlighting the plight of Russian firms in finding auditors.
Evraz also said it has been unable to find a UK audit firm or a UK auditor willing to replace Ernst & Young.
Britain sanctioned Evraz in May in response to Russia's invasion of Ukraine.