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Discover all the updated information of the company APPRAISAL & VALUATION SA (stock index: APP)

BRIEF HISTORY OF THE COMPANY

The company Appraisal & Valuation was founded in 2010, in the form of a limited liability company, having as main field of activity the evaluation of real estate. In a short time, it expanded its activity diversified, carrying out evaluations for other types of assets: movable goods: machines, machinery, equipment or technological lines. By the Decision of the General Assembly no. 1 of 6.05.2021, registered in the Trade Register on 14.05.2021, based on resolution no. 65025 of 13.05.2021, it was decided to transform the Issuer into a Joint Stock Company.

In 2012, Appraisal & Valuation became the exclusive representative of NAI Global in Romania. Thus, it diversified its services by offering consulting and business evaluation, evaluation of companies and intangible assets, real estate brokerage, project monitoring, market studies, feasibility studies, real estate consulting, etc.

In 2014, the real estate development division was opened, purchasing a land of 475 m2, on which a collective residential building was built with an investment of almost 2,000,000 RON.

As the company developed, other affiliated companies were created for each type of activity. An example would be Ellada Development SRL (https://www.air-residences2.ro/), established in 2016 for the real estate development activity. Ellada developed a residential project, with a value of RON 10,400,000, in the northern part of Bucharest, in sector 1. The purpose of setting up this company was to be able to build in areas with rapid development potential, buildings for the middle segment, Green Homes certified project by RoGBC http://www.rogbc.org/en/projects/green-homes.

Another established company is Global Real Estate Properties SRL, which operates in the real estate brokerage sector. This company was founded in 2014, having active numerous transactions successfully concluded on the real estate market, at national level.

Also, in 2017, the company US Global Property Management SRL was established for the insurance and financing consulting activity.

Continuing the development, in 2019 a branch was opened in the Republic of Moldova, through the company Activ Global Properties SRL, having its headquarters in Chisinau which offers evaluation services on the entire territory of Moldova. In 2020, the open branch became a NAI Global partner in Moldova.

In 2020, the company, adapting to the context, diversified its activity with the following services:

Prudent private creditor test (restructuring of budgetary obligations)
Transfer pricing services
Dosarul preturilor de transfer/Transfer pricing services

In May 2021, the company, which is a representative of both NAI Romania and NAI Moldova, through its subsidiary Activ Global Properties SRL, entered into a partnership with Transilvania Broker, the fourth largest player on the insurance broker market. Through the strategic partnership, the company consolidates its position on the market by expanding its portfolio of services, offering its customers complete and customized valuation and insurance solutions. Thus, the concluded partnership will allow the company to sell, on the one hand, evaluation services to Transilvania Broker clients, obtaining, in this sense, a major competitive advantage. On the other hand, the company will be able to sell insurance services.

The main difference is given by the international affiliation within NAI Global. This allows the Company to have a global approach applied locally which translates into maximizing benefits for customers.

 

 

SERVICES

Currently, after the division of activities into various companies, the main activity offered by Appraisal & Valuation is represented by the following services:

Valuation of real estate of all types Valuation of business
Valuation of assets
Valuation of intangible assets
Feasibility studies, market studies, analysis of best use
Prudent private creditor test
Transfer pricing file Transfer pricing services
Certification of green buildings
Consulting on green financing
Consulting on Real Estate Development
Strategy on setting the sale price

INFORMATION REGARDING SHARES AND SHAREHOLDER STRUCTURE:

Botis Ioan-Andrei holds a number of 873,000 shares, with a nominal value of 0.1 lei / share and a total value of 87,300 lei, representing 67.8322% of the share capital and 67.8322% of the voting rights in the General Assembly.

Botis Georgiana-Roxana holds a number of 18,000 shares, with a nominal value of 0.1 lei / share and a total value of 1,800 lei, representing 1.3986% of the share capital and 1.3986% of the voting rights in the General Assembly.

Huidu Mihail Sorin holds a number of 9,000 shares, with a nominal value of 0.1 lei / share and a total value of 900 lei, representing 0.6993% of the share capital and 0.6993% of the voting rights in the General Assembly.

Apart from the Botis family, the rest of approx. 30.7692% represents the free-float of the company, at the date of the Memorandum there are 116 shareholders holding these shares, of which 25.2939% are owned by individuals, and the remaining 5.4754% - by legal entities. There are no indirect holdings within the Company's shareholders.

COMPANY ADMINISTRATION

The administration of the Company is ensured by the Board of Directors. The current members of the Board of Directors have a term of 2 years, being the first members of the Board of Directors of the Company.

The members of the Board of Directors are the following:

Ioan Andrei Botis – Presedinte al Consilului de Administratie: data numirii 26.04.2021, avand data expirarii mandatului la 26.04.2023
Georgiana-Roxana Botis: data numirii 26.04.2021, avand data expirarii mandatului la 26.04.2023
Sorin Mihail Huidu: data numirii 26.04.2021, avand data expirarii mandatului la 26.04.2023

EXECUTIVE LEADERSHIP

Botis Andrei – Director General (CEO)

Domnul Botis este expert evaluator de proprietati imobiliare, de intreprinderi, fond de comert si alte active necorporale, membru ANEVAR si membru RICS (Royal Institute of Chartered Surveyors (United Kingdom). Andrei Botis are o experienta vasta in domeniul de real estate, inainte de a fi Directorul General al societatii a fost Consultant in diverse firme specializate in acest domeniu. Andrei Botis este in prezent Presedintele Consilului Roman pentru Cladiri Verzi (RoGBC), dupa ce a fost vice-presedinte pentru 4 ani. Contribuitor al dezvoltarii pietei cladirilor verzi din Romania, a contribuit in cadrul ROGBC la proiectului Green Mortgage, primul proiect de finantare verde din Romania dezvoltat in relatie cu Raiffeisen Bank si Alpha Bank Romania.

Domenii de expertiza:
• Evaluari, imobiliare, financiar

Experienta profesionala:

Martie 2012 – prezent: CEO la NAI Romania
Octombrie 2019 – prezent: Presedinte la Romania Green Building Council
Noiembrie 2016 – prezent: Presedinte Asociatia Culturala de Pastrare a Traditiilor „Valea Stejarului”
Septembrie 2014 – septembrie 2017: Vice-Presedinte la Romania Green Building Council
Aprilie 2010 – martie 2012: Partener Senior la Appraisal & Valuation S.A. (NAI Romania)
Iulie 2005 – decembrie 2009: Consultant la Property Partners Real Estate Services
Mai 2007 – februarie 2009: Acquisition Manager la Odessa Property Investment

Educatie si formare:

Expert Evaluator de Proprietati Imobiliare – 2010 (ANEVAR)
Expert Evaluator de intreprinderi, fond de comert si alte active necorporale – 2013 (ANEVAR)
Membru al RICS (Royal Institute of Chartered Surveyors – Marea Britanie, 2016)
Formator Profesional – 2014 (Ministerul Muncii)

Intermediar in asigurari – Institutul de Studii Financiare 2020
Broker Imobiliar – Asociatia Brokerilor Imobiliari 2013
Agent Imobiliar – UNIM 2007
Facultatea de Marketing si Afaceri Economice Internationale – economist, 2006 – 2009

Intermediar in asigurari – Institutul de Studii Financiare 2020
Broker Imobiliar – Asociatia Brokerilor Imobiliari 2013
Agent Imobiliar – UNIM 2007
Facultatea de Marketing si Afaceri Economice Internationale – economist, 2006 – 2009

 

Florin Maravela – Director adjunct

Domnul Maravela are o experienta de peste 25 de ani in domeniul de constructii si cel hotelier, in Irlanda, Marea Britanie si Romania. Inceputul carierei il gaseste pe Florin la Londra lucrand in faimosul cartier de afaceri, London Docklands, dezvoltat de un consortiu condus de Sir George Iacobescu CBE. Reintors in tara in 1992, studiaza Relatii Economic Internationale la URA, unde devine licentiat in 1997. Dupa absolvirea facultatii are loc o schimbare de cariera si incepe activitatea in domeniul hotelier pana in 2004. Din anul 2004, revine in domeniul de real estate. In anul 2010, a fost Manager de Proiect pentru dezvoltarea unui hotel de 4 stele si 150 de camere. In cadrul societatii, Florin Maravela este Partener si supervizeaza partea de Investitii si Project Management. In anul 2007, a obtinut o certificare in Project Management de la IRECSON si de Management Hotelier in anul 2004.

Domenii de expertiza:
• Constructii si dezvoltare imobiliara si hotelier (operare si dezvoltare)

Experienta profesionala:

Martie 2012 – prezent: Partener la NAI Romania
Aprilie 2010 – Martie 2012: Project Manager la Appraisal & Valuation
Septembrie 2008 – mai 2009: Deputy Country Manager la Kohl & Partner International Consultancy
Aprilie 2007 – mai 2009: Investment Manager la Property Partners
Aprilie 2007 – mai 2009: Development Manager la Property Partners
Septembrie 2005 – octombrie 2006: Development Manager la Victoria Limited, Dublin, Irlanda
Septembrie 2004 – septembrie 2005: Instalare si finisare elemente prefabricate din beton, Caragh Creation, Dublin, Irlanda
Aprilie 2000 – septembrie 2004: Hotel Manager la Holiday Inn Dublin City Center, Dublin, Irlanda
Octombrie 1997 – decembrie 1999: Receptioner & Concierge la Crowne Plaza Bucuresti (inaugurare

hotel)
Iulie 1997 – octombrie 1997: Receptioner la Hilton Bucuresti (inaugurare hotel)
Februarie 1991 – august 1992: Vopsitor la Canada Square, Docklands, Londra, Marea Britanie

Educatie si formare:

Dublin Institute of Technology – Hotel Management, 2001 – 2002
Universitatea Romano-Americana (URA) din Bucuresti – Facultatea Relatii Economice Internationale, 1992 – 1997

 

Sorin Huidu – Director Tehnic (Head of Valuation)

Domnul Huidu este membru ANEVAR si a obtinut certificari in Business Valuation din anul 2003 si Real Estate Valuation din anul 2008. Sorin Huidu are o experienta de peste 20 de ani in domeniul de real estate, lucrand in diverse societati, atat nationale, cat si internationale.

Domenii de expertiza:
• Evaluare, real estate

Experienta profesionala:

Mai 2010 – prezent: Head of Valuation la NAI Romania
Ianuarie 2008 – ianuarie 2010: Negociator de terenuri, industrial si rezidential la BNP Paribas
Martie 2006 – decembrie 2007: Negociator de terenuri, industrial la CBRE
Martie 2003 – februarie 2006: Manager of Commercial Agency la Lukoil

Educatie si formare:
• Academia de Studii Economice din Bucuresti, Facultatea Management, 1996 – 2000

 

Veaceslav Revetchi – Evaluator Senior (Senior Valuer)

Domnul Revetchi Veaceslav este evaluator autorizat al imobilelor, echipamentelor, utilajelor, avand o experienta de peste 24 de ani in domeniul de real estate, lucrand in diverse societati. Veaceslav Revetchi este Presedintele Societatii Evaluatorilor Independenti din Republica Moldova (SEI RM), membru a Asociatiei de Evaluatori din Ucraina, REV. De asemenea, Veaceslav Revetchi este membru al Comisei guvernamentale a dezvoltarii standardelor de evaluare din Republica Moldova, dar si membru al Comisiei de certificare a evaluatorilor bunurilor imobile in cadrul Agentiei Relatii Funciare si Cadastru din Republica Moldova.

Domenii de expertiza:
• Evaluare, real estate

Experienta profesionala:

2019 – prezent: Evaluator senior – Activ Global Properties SRL, reprezentanta NAI Romania in Chisinau
2016 – 2019: Evaluator – Actimob Consulting S.R.L.
2014 – 2016: Economist principal Secţia estimare şi monitorizare gaj – Banca Sociala SA
2010 – 2014: Specialist Serviciul Realizare Active – Banca de Finante si Comert SA
2009 – 2011: Lector universitar superior – Facultatea Cadastru şi Drept
2007 – 2009: Consultant – Transexim SRL
1998 – 2007: Evaluator – Firma de audit si consultanta Industrial Consult SRL

2003 – 2005: Evaluator – Agemtia de Imobil Agrement SRL
2001 – 2003: Consultant superior – ONG Ivent Agro
1997 – 1998: Director Executiv Consagro SRL
1987 – 1997: Colaborator Stiintific – Institutul de Cercetări Ştiinţifice pentru Porumb şi Sorg

Educatie si formare:

Octombrie 2003 – august 2004: Universitatea Agrară de Stat din Moldova
Iunie 2004: Agenţia de Stat pentru Protecţia Proprietăţii Intelectuale
Iunie 2000: C.E.C.C.A.R, Târgu Jiu, România, Seminar “Evaluarea întreprinderilor”
Decembrie 1999: C.E.C.C.A.R, Bucureşti, seminar “Evaluarea întreprinderilor”
Decembrie 1998: Academia de Studii Economice din Moldova
1982 – 1987: Universitatea Agrară de Stat din Moldova
1978 – 1982: Colegiul de Agronomie

Calificări

Evaluator European Recunoscut (REV) – Certificat TEGoVA Nr. REV-UA/USOA/2023/062 din 01.06.2018;
Evaluator certificat al bunurilor imobile – Certificat de calificare a Agenţiei de Stat Relaţii Funciare şiCadastru Nr. 0434 din 28.02.2019;
Magistru în evaluarea bunurilor imobile – Diploma Ministerului Educaţiei Nr.003912 AM, Universitatea Agrară de Stat a RM, anul 2004;
Evaluator al proprietăţii intelectuale – Diploma Agenţiei de Stat pentru protecţia Proprietăţii Intelectuale a RM, anul 2004;
Diplomă a participantului Congreselor Internaţionale ale Evaluatorilor din ţările CSI, 2004 şi 2011;

Andreea Curmei – Director Departament Analiza (Head of Research)

Doamna Curmei-Semenescu este membru ANEVAR, specializată în domeniul evaluării proprietăților imobiliare. Andreea Curmei-Semenescu este conferențiar universitar în cadrul Departamentului de Finanțe al Academiei de Studii Economice din București, fiind specializată pe domeniul Finanțe Corporative și Evaluare a întreprinderilor și proiectelor de investiții publice și private, publicând numeroase articole și lucrări științifice în reviste internaționale prestigioase și participând la conferințe științifice internaționale de prestigiu.

Domenii de expertiză:
• Evaluarea proprietăților imobiliare, finanțe corporative, guvernanță corporativă și responsabilitate socială corporativă
Experiența profesională:

activitate didactică și de cercetare de peste 15 ani în domeniul finanțelor corporative în cadrul departamentului de Finanțe al Academiei de Studii Economice din București
activitate profesională și de management în domeniul evaluării proprietăților imobiliare și cercetării de piață de peste 5 ani în cadrul NAI Romania
activitate în domeniul consultanței financiare în evaluarea și implementarea proiectelor de investiții publice și private (2005-2008)

Educatie si formare:

Martie-noiembrie 2016 – Curs evaluator autorizat ANEVAR în domeniul evaluării proprietăților imobiliare
2005-2008 – Doctorat în subdomeniul Finanțe în cadrul Academiei de Studii Economice Bucureşti cu tema „Aplicarea metodelor de evaluare a eficienţei investiţiilor publice”.
2003-2004 – Master în finanțe DESS BANQUE&ASSURANCE în cadrul Universității din Orleans, Facultatea de Economie, Drept si Gestiune
1999-2003 – Studii universitare de licență în cadrul Facultății de Finanțe, Asigurări, Bănci și Burse de Valori a Academiei de Studii Economice din București

Neculea Romina Geanina – Director Operatiuni

Doamna Neculea Romina este licentiata in Inginerie si isi dezvolta activitatea de peste 14 ani in domeniul planificarii, conducerii si coordonarii activitatii in domeniul evaluarilor imobiliare. Dna Neculea are o experienta vasta in proiectarea si implemenatarea de modele operationale la nivel de organizatie in vederea dezvoltarii strategice.

Domenii de expertiza:
• Inginerie, Financiar, Administrativ

Experienta profesionala:

Septembrie 2020 – prezent: Director Operatiuni la NAI Romania
August 2015 – august 2020: Account Manager la NAI Romania
Martie 2007 – iulie 2015: Asistent Administrativ Property Partners SRL
Iulie 2006 – Octombrie 2006: Asistent Manager Wizrom Software SRL
Mai 2005 – Mai 2006: Asistent Manager – Redactor la Galenus SRL

Educatie si formare:

Universitatea Politehnica Bucuresti, 2003 – 2008
Certificare Institutul Bancar Roman – Eticheta si Protocol in Afaceri – noiembrie 2016
Certificare Specialist GDPR – Cedes Cercetare-Dezvoltare, mai 2018

Botis Georgiana Roxana – Director Adjunct

Roxana Botis este inginer si lucreaza in domeniul evaluarilor de peste 15 ani. Este concentrata pe gestionarea operatiunilor si pe atragerea de clienti. A fost implicata in mai multe echipe multidisciplinare de gestionarea portofoliilor de garantii bancare.

Domenii de expertiza:
• Evaluare, Inginerie, Vanzari, Administrativ

Experienta profesionala:

Martie 2012 – prezent: Director Adjunct la NAI Romania
August 2012 – august 2015: Account Manager la NAI Romania
Ianuarie 2009 – Februarie 2012: Director de Vanzari la Oral Hygiene
Iunie 2006 – iulie 2009: Asistent Manager la Property Partners SRL

Educatie si formare:

Universitatea Politehnica Bucuresti, 2000-2005
Evaluator de Proprietati Imobiliare, 2009, ANEVAR
Evaluator de Bunuri Mobile si Echipamente, 2014, ANEVAR
Certificare Specialist GDPR – Cedes Cercetare-Dezvoltare, mai 2018

 

DESCRIPTION OF THE BUSINESS DEVELOPMENT PLAN:

The positive evolution of the business of Appraisal & Valuation SA, for over a decade, has brought the Company into a new phase of development, in which it can capitalize even better on the market opportunities on which it operates. Aligned to the growth rate of the Romanian economy, the valuation market grows from year to year, regardless of the phase of the economic cycle. Even in a recession, banks' assets must be valued in insolvency, bankruptcy and enforcement proceedings.

The valuation market is very fragmented, with many small players (sometimes with teams of 2-4 people), but this business model is no longer sustainable in the long run. Therefore, it is an opportune moment that allows the concentration of the activity and the integration of several services, which translates into the possibility for the Issuer to acquire competing companies in the market.

The premises of the development strategy are, on the one hand, the know-how held by the Issuer's team of experts, made up of some of the best specialists in the field of valuations. On the other hand, Appraisal & Valuation SA has provided financial resources for the expansion of the business, among which those attracted from the capital market will have a significant share. Based on these strengths, the Company aims at both organic growth, in the market rhythm, but also growth based on a horizontal expansion, through various acquisitions.

Starting from the low level of concentration of the valuation market, Appraisal & Valuation SA aims to take advantage of this situation, aiming to expand its activity through acquisitions of specialized companies. We consider companies in the field of valuations, which can offer a range of valuation and related services in the category of real estate administration, project management, consulting and technical expertise, facility management, real estate consulting, accounting, auditing, financial consulting, insurance or other relevant related services, which can provide the company with new competencies or help it to consolidate its position or enter new market niches.

Planurile companiei vizeaza atragerea in echipa sa a celor mai buni profesionisti din domeniul evaluarilor, deopotriva prin fuziuni si achizitii, cat si prin desfasurarea unor programe de tip Stock Option Plan, care vor permite recompensarea si motivarea angajatilor.
Mai mult, pentru a-si diversifica operatiunile, doreste extinderea activitatii de evaluare si pe pietele unde se vor identifica oportunitati de dezvoltare pe care le va aborda imediat dupa consolidarea pozitiei sale pe sa din Romania, unde este deja unul dintre liderii, pe o serie de nise pe care activeaza.

Another expanding market in which the Issuer operates is that of residential real estate developments, on which there were increases even in 2020, when many economic branches were affected by the COVID-19 pandemic. The development division of the group (the affiliated companies presented in the document) will invest approx. EUR 2 million in residential projects on land owned by group companies in Bucharest and the surrounding area.

 

NAI Global is a leading network of independent commercial real estate firms and the largest real estate services company globally. NAI Global leads a network of over 7,000 professionals, with approx. 400 offices globally and with a presence in over 55 markets globally. NAI professionals work together with the management team to assist clients in maximizing and strategically optimizing their real estate assets. The NAI offices, located globally, have concluded annual transactions of over 20 billion USD. NAI Global manages over 300 million square meters of commercial space. NAI Global is headquartered in New York, US.

400+ Offices

7,000+ Professionals

55+ Markets

NAI Global professionals are independent, entrepreneurial and demonstrate a high degree of collaboration. NAI Global's extensive network of real estate companies focuses on connectivity, leadership strategy and brand strength to intensify deal information flows, amplify future business prospects and help customers move on. another level.

The members of the NAI Global real estate network offer services in offices, industrial spaces, hospitality, land and retail. NAI Global partners offer customized solutions on the real estate area, in order to satisfy the specific requirements regarding the clients' properties.

We intend to use the levers offered by the capital market to carry out operations aimed at taking over companies in related or similar fields, in order to increase the company's capabilities, access to new categories of customers and, at the same time, attract best experts in our team.

INFORMATION REGARDING THE SECURITIES TO BE ADMITTED TO TRADING AND TO THE DESTINATION OF THE FUNDS OBTAINED

  • Prin Hotararea Adunarii Generale a Actionarilor Appraisal & Valuation S.A. nr. 1 din data de 03.06.2021, mentionata la Registrul Comertului prin CIM nr. 274565 din data de 08.06.2021, actionarii au aprobat operatiunea de majorare a capitalului social prin aport in numerar, de 38,700 lei, de la 90,000 lei la 128,700 lei prin emiterea unui numar de 387,000 actiuni ordinare, nominative, emise in forma dematerializata si cu valoare nominala de 0.1 lei/actiune. Prin Decizia Consiliului de Administratie nr 1/15.06.2021 s-au stabilit caracteristicile ofertei.In acest context, Emitentul a derulat prin intermediul SSIF Tradeville SA, in data de 18 iunie 2021, o oferta de vanzare de actiuni adresata unui numar de mai putin de 150 de persoane fizice sau juridice, investitori de retail, pe un stat membru al Uniunii Europene, fara intocmirea si publicarea unui prospect. In urma acesteia, au fost emise de catre APPRAISAL & VALUATION S.A. un numar de 387,000 actiuni, cu o valoare nominala individuala de 0.10 RON, la un pret de 11.5 RON/actiune, cu o valoare totala de 4,450,500 RON, emise la data de 24.06.2021.In cadrul plasamentului privat au fost emise actiuni catre 115 de investitori, dintre care 19 investitori calificati (inclusiv profesionali), iar restul 96 de retail. Dintre investitorii de retail, 6 sunt persoane juridice romane si restul de 90 sunt persoane fizice romane. In urma derularii plasamentului, societatea are un numar de 118 actionari la data realizarii acestui Memorandum.Valoarea capitalizarii anticipate rezultata in urma derularii cu succes a majorarii de capital este compusa din numarul total de actiuni disponibile (1,287,000), la valoarea nominala de 0.10 lei fiecare, plus o prima de emisiune de 11.4 lei pe actiune, iar aceasta totalizeaza 14,800,500 RON.

    Destination of funds:

    The amounts attracted will be used, mainly, for financing and developing the current activity, by creating new divisions, expanding services, digital platforms, opening new offices. The issuer aims at financing the current activity of the company / including the eventual extension of the activity through possible acquisitions.

 

The latest press releases

Appraisal & Valuation, a company active on the valuation market, which enters trading on Thursday on the AeRO segment from BVB, took over the Simad Contex business from Timişoara, with over 150 active clients

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