FBK to audit pharmaceutical companies on an ad-hoc basis

FBK will audit the reporting of the Protek Group pharmaceutical companies on an ad-hoc basis, specifically, the local pharmaceutical distributor PROTEK Application Centre, PharmFirma Sotex, a pharmaceutical manufacturer, a number of Rigla chain companies and other companies of the Group.

As explained by Anastasia Ivanova, Project Manager and Associate Director of RAS Audit Department at FBK, the ad hoc audit engagement will include the audit of the companies’ accounts and statements of financial results for 2015.

She went on to say, ‘We have maintained partnership with Protek Group in the area of audit and advisory for 10 years, so, we could be said to be ongoing and ever-evolving partners’.

PROTEK Application Centre is the leading local distributor of pharmaceuticals with a 13,44-percent market share. Founded in 1990.
Rigla pharmacy chain is a largest chain in Russia in terms of the market share.
PharmFirma Sotex is one of the most advanced high-technology Russian pharmaceutical companies, lists among leading local pharmaceutical manufacturers.

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