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SUNGWOO HITECH s.r.o. – Valuation of assets (machinery, technology) for transactions between related parties

Project

In connection with the dynamic production of new car models, SUNGWOO HITECH s.r.o. and affiliated companies frequently make transfers of movable assets (machinery, technology). For SUNGWOO HITECH (or its associated companies), we prepared dozens of expert opinions on asset transfers to fulfil the requirements of the Commercial Code or tax laws.

Client satisfaction

Radovan Němec, Finance Manager: “With rising sales, our company has been making extensive investments, basically purchases of modern technologies such as various types of welding robots, welding heads for various presses, and so on from foreign importers, mostly from third countries. To determine the market price for these investment purchases, we were looking for a reliable and experienced expert, for long-term cooperation, who was knowledgeable in the operation of automated production lines. RSM CZ a.s. is a company that respects our needs when fulfilling tasks and is able to meet deadlines and deliver high-quality work.”

How we helped

Radka Svobodová, Director of the expert institute RSM CZ: “We greatly appreciate the long-term cooperation with SUNGWOO HITECH. It is proof that high-quality work, flexibility, and understanding of client needs form the base for successful cooperation. I believe that our approach is beneficial for the client and that our outputs contribute to transparent relationships between associated entities in the client’s group as well as during the company audit.”

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