Financial consulting

Expertise of investment projects, business plan, feasibility studies

Macroeconomic research

Financial consulting

Evaluation of partner reliability (financial stability)
Service contents:
Partner reliability evaluation is carried out on the basis of analyzing their financial and economic standing according to the following index groups: 

• activity efficiency
• business activity
• capital profitability
• financial stability
• liquidity
• solvency
   

The analysis is based on financial statements and available external reporting data.

Experience in carrying out financial analysis

The INEC professionals performed financial analysis for more than 200 companies and organizations in different sectors of the economy, such as:

1. Construction and construction materials' manufacturing:
   Civil engineering plant No. 1 (DSK-1), GAO Metrostroi state-run JSC, MAZD trunk plant, the Stupino fiberglass plastic plant. INEC participated in monitoring financial and economic situation at enterprises of construction sector in Moscow, during which over 50 organizations were analyzed. 
2. Food industry:
   The Krasny Oktyabr confectionery, the Concentrate & Beverage (KiN) factory, grape and desert wine-producing factory in Moscow (MVK), the Kursk brewery company, the Moskovsky agricultural complex. 
3. Metallurgy and mechanical engineering:
   The AMO ZIL (automobile-making plant named after Likhachev), the Novocherkassk locomotive plant, the Serp I Molot metallurgical plant, the Karacharovo mechanical plant 
4. Light industry:
   The Variant knitting factory, the Cheryomushki ladies' underwear factory, the Vympel and Sokol clothes making factories, the Ruskom and Komplekt leather and shoe-making enterprises.

Technology of rendering service

The analysis was carried out with the INEC-AFSP software program.

The methods, used in the software, comply with international financial analysis standards, as well as the requirements of Russian regulatory and methods documents. According to the results of the VIII-th International Software Contest Business Soft 2001, the INEC-AFSP software program was ranked 1st in the Financial Analysis category.

Expertise of investment projects, business plan, feasibility studies
Service contents

The expertise of investment projects, business plans, feasibility studies is carried out in the following aspects:

• The completeness and convincingness of the project, substantiation of sections thereof
• Ssubstantiation of initial data for calculations
• Ccompliance with international calculation methods
• Ccorrespondence with requirements of Russian accounting and taxation
• Project efficiency
• The analysis is based on financial statements and available internal reporting data.

Experience in investment planning, finance analyzing

The INEC professionals implemented projects for th following companies:

1. Construction and construction materials' manufacturing:
   The TIGI KNAUF company, the Izolit plant, the Caliber plant, the Moscow wallpaper factory.
2. Mechanical engineering and metallurgy:
   The VNIIMETMASH Joint-Stock Holding company, foundry and rolled stock plant state unitary enterprise in Moscow, the Khrunichev space research and industrial center, the Serp I Molot metallurgical plant, the ZAO Sayany closed JSC, the Novocherkassk locomotive plant, the Karacharovo mechanical plant.
3. Food industry:
   The Krasny Oktyabr confectionery, the Concentrate & Beverage (KiN) factory, grape and desert wine-producing factory in Moscow (MVK), the Kursk brewery company, the Moskovsky agricultural complex.
4. Trading companies:
   The ZAO Sibnefto closed JSC, the Tekhmarket company. 
5. Light industry:
   The Cheryomushki factory, Vympel and Sokol clothes-making enterprises, the Ruskom and Komplekt leather and shoe-making enterprises, the Variant knitting factory. INEC has more than once acted as an expert, accredited with the bodies of state management. In particular, it is an expert of the Expert Council at the Investment Tender Commission under the Economics Ministry of Russia, Tender Commission under the Russian Construction Ministry for investment projects of the construction sector enterprises, Council on crisis management programs of the Moscow government, etc.
   

Technology of rendering service

Expertise is carried out on the basis of a 130 year experience of the UNEC professionals in financial planning, situational simulation, investment projecting. The methods of financial and economic simulation was worked out by INEC specialists based on international methods, adapted to the specifics of Russian accounting and taxation.

The technology has been tested for several years in tens of companies engaged in various economic sectors and business activities.

Macroeconomic research

Clients of the INEC Consulting Department are both, business companies, federal and regional regulatory bodies.

Description of services

I. Evaluation of regional and sectoral attractiveness, development of recommendations on its enhancement:

• Formation of aggregate index system of regional and sectoral investment attractiveness;
• Revealing factors impacting regional and sectoral investment attractiveness;
• Risk evaluation of investing in some regions and sectors of the economy;
• Recommendations to bodies of authority and administration to enhance regional and sectoral investment attractiveness
• Recommendations to investors on reducing risks

Result:

Analytical report, including the following sections:

• characteristics of the object under analysis
• substantiation of the methods approach to analysis
• characteristics of the used information
• evaluating risks of investment in specific sectors and / or regions of the country
• recommendations on enhancing investment attractiveness of regions and reducing investment risks
  

II. Analysis of the situation in and forecast for sectoral, regional economic development

• Analysis of the situation in sectors, regions (revealing main trends of changing socio-economic situation, sectoral and regional specifics, possibilities of external regulation).
• Factorial analysis of sectors, regions; simulating and forecast (imitation modeling of sectoral or regional economic functioning; discovering basic factors of the formation of macroeconomic trends, forecast of the main economic indices for 3 - 12 months, evaluation of the government policy efficiency in regard to supporting regional and sectoral development).
  

Result:
Analytical report, including the following sections:

• characteristics of the object under analysis
• substantiation of the methods approach to analysis
• characteristics of the used information
• content analysis of the macroeconomic information (analysis of development trends, revealing main logical regularities, estimating the consequences of maintaining obtained trends, etc.)
• statistical analysis of macroeconomic information (calculating statistical indices and their content interpretation).
  recommendations on enhancing efficiency of the sectoral, regional external regulation
  

III. Experience in carrying out surveys

The INEC professionals have amassed experience in carrying out works for different Russian regions, in particular, for the Moscow government and regional administrations of the Karachai-Circassian republic, Moscow, Vologda, Tver, Niznly Novgorod and other region.

The INEC employees are experienced in analyzing and forecasting the state of affairs in industrial sectors of Moscow, as well as monitoring the financial situation of Russian regions and evaluating regional investment risks on the ground of their own methods.

High qualification of the INEC professionals is confirmed by their regular victories in tenders, held by federal and regional authorities.

The INEC specialists carried out product market surveys for the customers of consulting department (over 30 surveys), for the following enterprises, in part:

• metallurgy and mechanical engineering
• light industry
• construction sector industries
• food industry