We provide our clients with valuation advisory services in terms of mandatory appraisals (i.e. those made in accordance with the Federal law "On appraisal activity" and Federal Appraisal Standards № 1 ? 3: evaluation of shares for the purposes of an additional issue, appraisal of pledging of collateral, appraisal of property/shares for purposes of collateral or the purchase and sale for parastatal companies), as well as within the scope of financial modeling procedures. Our services include scenario forecasting, model sensitivity analysis based on parameters allowing our client to understand the marginal cost of the appraised object and to identify key factors that, if changed, would have the greatest impact on its cost.

We have significant experience and expertise in terms of assessing the fair value in line with procedures required according to IFRS (International Financial Reporting Standards). We are ready to help you with the first time application IFRS (IFRS 1), as well as in assets’ consolidation following M&A transactions (IFRS 3). We are ready to help you to identify your company’s assets, distribute transactions and carry out annual testing for the impairment of assets. Our strong team of experts has substantial experience in carrying out valuations of tangible and intangible assets and shares.

We offer you pre-investment status services in order to identify any key financial, tax and legal risks. We also provide recommendations for reducing those risks: in particular, to have the risks included in the sales and purchase agreement. We have a wealth of experience when it comes to analyzing financial conditions set forth by parties to a purchase agreement and we are prepared to calculate the necessary activities for our clients, as well as monitor compliance arrangements in regards to these activities.

Our transactions advisory services are as follows:

• Acquisition/vendor due diligence
• Completion accounts
• Assistance in preparing sales and purchase agreements (SPA), monitoring functions to ensure compliance with SPA terms (calculation of financial performance indicators)
• Support of asset purchase and sale transactions (M&A), data room preparation and management, post-deal integration

The restructuring of corporate structures is carried out to avoid a formal bankruptcy or to ensure a company’s further development. Nowadays, business owners and managers are, more closely than ever, monitoring the financial situation and position of their companies. We offer comprehensive solutions to assist enterprises that are facing a difficult financial situation, a crisis situation, or just striving to secure a stable position for the future. Our approach to providing services in terms of corporate structures’ restructuring is based on a comprehensive solution to clients’ problems, carried out along three consecutive lines: stabilization, diagnosis and formulation of development alternatives; strategic advisory; implementation of measures regarding the issue and monitoring of those measures.

Our restructuring services are as follows:

• Turnaround and crisis management
• Work with capital markets
• IPO advisory services
• Public Private Partnerships

Technical audit and consulting (sometimes called engineering) is advising clients with respect to investment in projects, as well as regarding issues pertaining to development projects’ implementation at each stage of the investment process.

Technical audit is aimed at preventing unnecessary spending and minimizing costs in line with the average market opportunities and the objectives of the client investor, as well as significantly increasing rigidity in terms of investment (construction) management through a combination of expert engineers, auditors and legal advisors.

The main objective of such a service is to ensure that the project is implemented within the specified budget, that it is done on time and that it meets all the requirements in terms of quality.

Our technical audit services are as follows:

• Technical inspection
• Project cost analysis
• Evaluation of design decisions
• Development concepts
• Construction audit
• Technical due diligence
• Project management

Our market research services are as follows:

• Market due diligence
• Commercial due diligence
• Benchmark analysis
• Diagnostics of market
• Competitive market analysis
• Strategic market analysis
• Economic and market forecasting