The intention of the Company to maintain a high professional level of services provided has been finding the understanding and support of our Clients, who consider it necessary to note the qualification and skills of our staff at their reviews and recommendations

MOORE STEPHENS

Vladivostok office

The recommendation sums up the interim outcome over more than a decade of cooperation between MOORE STEPHENS and ASSO-Invest Consulting, during which the Company:

  • performed real estate and equipment appraisal works for purposes of shifting companies' reports to IFRS, etc.;
  • audited the appraisal reports prepared by third parties, with a focus on analysis of the veracity and reliability of obtained appraisal results;
  • provided support in the event of controversial situations regarding the market value of assets;

Pannell Kerr Forster

London

The recommendation has been provided upon the completion of the Project of Bottled Mineral Water Production Expansion of JSC Malkinskaya (Kamchatka).

The area of the Company's responsibility within the framework of the project:

  • Feasibility Study Development;
  • Preparation of a preliminary plan for the JSC Malkinskaya shareholders capital restructuring;
  • Block of shares valuation to establish the price range for negotiations with a financial investor;
  • Client support within the Due Diligence procedure;

European Bank

London, Vladivostok

The recommendation has been provided upon the completion of the Project of Bottled Mineral Water Production Expansion of JSC Malkinskaya (Kamchatka).

The Bank notes that the Company is able to provide not only the solution of particular problems of the enterprise in the field of managing the shareholders capital and assets, but is a professional financial consultant capable to provide development, expertise and support for complex Client's projects of restructuring and development.

JSC Commercial Port of Vladivostok (JSC VMTP)

Vladivostok

The recommendation was provided to the Company in connection with the promotion of the Enterprise Restructuring Assistance Project, developed by the International Bank for Reconstruction and Development (World Bank) in cooperation with the Ministry of Economics of the Russian Federation and the Ministry of Finance of the Russian Federation.

The recommendation summarizes the interim outcome of the interaction of the Port and the Company and notes, in particular, the following projects:

  • Feasibility study of reconstruction of the JSC VMTP marine bunkering terminal project;
  • Feasibility study for the port business center construction project;
  • Reappraisal of JSC VMTP fixed assets under regulation the Government of the Russian Federation to exclude inflationary imbalances of the 1990s;

It has been noted that the Company's staff have adequate qualification and is demonstrating a stable tendency to upgrade their professional skills.

EURASIA Investment Promotion Co., Ltd

Japan

The recommendation has been provided upon the completion of the Vladivostok Airport International Terminal Project with more than $ 3 mln investments.

The report prepared by the Company was used by EURASIA Investment Promotion Co., Ltd to analyze the progress of the Project and to assess its actual status.

It has been noted a high professional level and carefulness of the Company's staff.

JSC Vladivostok Air

Vladivostok

The recommendation has been provided upon the completion of the Vladivostok Airport International Terminal Project with more than $ 3 mln investments.

It is noting that the report, prepared by the Company, was used by JSC "Vladivostok Avia" for negotiations with the foreign partner - EURASIA Investment Promotion Co., Ltd, and had contributed to the achievement of a mutually beneficial agreement.

JSC NORFES

Vladivostok

The joint venture JSC NORFES, established by FESCO and the Norcontrol Morimpex (Norway) in 1992, notes in it's recommendation letter that it has been closely cooperating with the Company since 1993 in the areas of investment analysis and promotion, business valuation.

In particular, the following projects were noted:

  • Estimation of the economic efficiency of the Automated Ship Traffic Management System project at the Bay Peter the Great ;
  • Valuation report - JSC NORFES Fair Market Value 31.0% pack of voting common stock;
  • Analysis of the effect of organizational/legal form and shareholding structure change on the financial results of NORFES;

The recommendation letter notes that the documents prepared by the Company were effectively used by JSC NORFES for work with both a foreign shareholders and federal structures, and were noted as prepared in concordance with international standards.

JSC NTC (New Telephone Company)

Vladivostok

The recommendation has been provided upon the completion of the Development of GSM-900 cellphone network project in Vladivostok.

The prepared feasibility study was used by JSC New Telephone Company in the process of the project funding organization.

In addition, the document was used to clarify the conditions of Korean telecom giant Korea Telecom (CT) entering the Project by the acquisition of a stake in the shareholders capital.