OREANDA-NEWS. December 14, 2011. FBK made an agreement with the Moscow Branch of Novard (Novard Estate Management Limited), reported the press-centre of FBK.

According to the agreement the appraisers are going to carry out a valuation for the purposes of IFRS (International Financial Reporting Standards).

Novard Group (GK Ekonika until May 2011) is a Russian holding comprising several independent businesses in the shoe industry, investment and development, manufacturing industrial and building equipment as well as technical consulting.