FBK delivered the valuation report on the shares of KRET

The Rostec Corporation approved and accepted the valuation report on the shares of AO KRET delivered by the FBK appraisers.

According to Alexander Matyushin, Associate Director of the Valuation Department at FBK, this engagement is one of our most large-scale valuation assignments in the stock valuation segment. The engagement lasted for a year and encompassed the evaluation of over 90 entities and organisations within KRET. The evaluation findings formed the basis for the reports positively approved by the Russian Society of Appraisers. It is, however, not only the scale of the engagement which makes it stand out among other valuation assignments.

“One of the engagement’s distinguishing features is the appraisers’ highest level of integrity, Alexander Matyushin noted, meaning that certain sections of the report contain top-secret information. There are only two valuation firms in Russia which have top-secret clearance, with FBK being one of these two.”

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