OREANDA-NEWS. July 23, 2010. Expert RA published annual rating of business capacity of Russian valuation companies according to results of 2009. FBK proved its title of a market leader in general as well as in individual categories. So, FBK took the 1st position in revaluation of assets and property, plant and equipment, for IFRS purposes inclusively, reported the press-centre of FBK.

As the authors of the rating note, in severing competition and with deficient legislation in public procurement unconscientious market participants started damping. The worst consequence of low cost valuation is deterioration of quality of services. Commenting upon the situation at the market FBK Partner Stanislav Novikov noted that quality of services is defined by goodwill of a valuation company, successful experience in implementing similar projects and success in expert review of reports by self-regulatory organization as well as stable and clear pricing policy. In FBK internal service quality control system has been efficiently working through the years, it has been very well acknowledged by our clients and partners.

 “Us receiving 2010 ISO 9001-2008 compliance certificate in quality management also proves it”, the expert noted. Moreover Stanislav Novikv noted that system of continuous enhancing of staff qualifications was established in FBK – in –house and external training is carried out.