<< home

Bell Pottinger North - Client News
Monday, May 08, 2006
SHM COMPLETES FIFTH ROMANIAN VALUATION

SHM Smith Hodgkinson have just completed its fifth valuation of Romania’s largest oil refinery, Petromidia in Constanta, Romania.

The site is owned by the Rompetrol Group, one of Romania’s largest producers of fuels and petrochemicals.

A team of valuers from SHM’s Bucharest and Manchester offices carried out the valuation of the oil refinery at Constanta in the east of the country.

SHM has extensive experience in the oil and gas sector having carried out numerous valuations across the UK, Europe and Asia.

Ian Maycock at shm comments: “These various valuations have been prepared for a variety of uses over the years, such as insurance, asset finance and balance sheet preparation.“

Ends

Press contacts: Vicki Baxter or Alex Henshall at Bell Pottinger North (01625) 506444 - or vbaxter@bellpottingernorth.co.uk <mailto:vbaxter@bellpottingernorth.co.uk> ahenshall@bellpottingernorth.co.uk <mailto:ahenshall@bellpottingernorth.co.uk>

Note to Editors:

shm Smith Hodgkinson, a Gordon Brothers company, is the UK’s leading independent commercial auctioneer, appraiser and valuer of business assets providing services to banks, asset-based lenders, corporate finance professionals, and insolvency practitioners. The firm regularly undertakes the disposal of company assets for insolvency, restructuring and corporate closures.

shm has four offices in the UK  - Manchester, Leeds, Birmingham and London - and has a strong presence in South East Asia, Central and Eastern Europe with offices in Bucharest, Belgrade, Bangkok and Kuala Lumpur.

The firm has held a number of high profile auctions including, what is considered to be, the world’s largest when it sold the assets of the Amedeo Development Corporation in Brunei. 

For more information, please visit <http://www.shm.co.uk/>

 

This feed contains news releases issued by the clients of Bell Pottinger North

www.bellpottingernorth.co.uk





Subscribe with Bloglines
Archived News
January 2005
February 2005
March 2005
August 2005
September 2005
October 2005
November 2005
December 2005
January 2006
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
August 2006
September 2006
October 2006
November 2006
December 2006
January 2007
February 2007
March 2007
April 2007
May 2007
June 2007
July 2007
August 2007