Rebranding

Press release, May 12, 2010

RUSSIAN APPRAISAL, the leading valuation company in Russia according to all nation-wide ratings of valuation companies, is currently in the final stage of a rebranding process adopting the unified Grant Thornton Russian Appraisal brand. Full transition to Grant Thornton brand will be completed on 31.12.2011.

RUSSIAN APPRAISAL decided to join Grant Thornton International network in 2006. Alexander Ivanov, Managing Partner of Grant Thornton Russia valuation practice, emphasized that the road traveled during the 15 years that elapsed since foundation of the company was not an easy one. “Yet we managed to become one of the leaders among Russian valuation companies, and this is, first of all, from the point of view of professionalism. Quality is the focus of our development”.

Within the framework of the merger, the valuation company accepted and has been actively implementing the guidelines and standards of Grant Thornton International. One of the steps planned – bringing the company’s brand in compliance with the standards of the international organization.

Grant Thornton International is one of the world’s leading organizations of independently owned and managed accounting and consulting firms from over 100 countries in the world. In 2008 the international network launched the new brand in order to support the global business strategy of demonstrating real leadership within its profession and becoming a more cohesive global organisation.

Grant Thornton in Russia is presently one of the fastest growing companies in the international network with offices in Moscow, St. Petersburg and Kazan. Among our clients are the leading Russian and international, including multinational companies operating in all major sectors of the economy.

After setting up a consolidated managing company in 2009 uniting valuation, audit and consulting practices, Grant Thornton Russia employs more than 200 certified appraisers, certified auditors and consultants.