FBK has been accredited in rendering valuation services for JSFC «Sistema»

On March 21, 2012 JSFC «Sistema» competitive commission summarized the qualification selection of companies accomplishing valuation services. FBK has been accredited by the commission decision as a recommended independent valuation company for groups of JSFC «Sistema» enterprises during 2012-2013 years.

Formed in 1993 JSC «Joint-stock financial corporation «Sistema» is the largest diversified financial corporation in Russia and the CIS. The corporation owns and manages shareholdings of market-leading businesses in selected service-based industries. Now JSFC «Sistema» concentrates in its portfolio the most promising assets in the sectors of oil production and refining, telecommunications, technologies, insurance, real estate, retail, mass-media, banking and healthcare services.