FBK GT to Value Pension Liabilities of RusHydro

FBK Grant Thornton has won a tender to conduct actuarial valuation of pension and long-term social liabilities of the RusHydro Group in accordance with IFRS for 2020-2023.

The valuation will cover the head company of the Group, and its branches and controlled companies, the overall total of 80 companies.

FBK Grant Thornton’s Partner Askold Birin says that actuarial valuation of pension liabilities is a well-established and popular consulting service.

“We are glad to resume our cooperation with RusHydro, one of Russia's largest power generating companies. The fact that we have won the tender is another acknowledgement of our work and achievements. We are determined to continue development of this line of services through cooperation with top Russian companies,” Askold Birin says.