Member Details

Dr. Ludmila Simonova

Dr. Ludmila Simonova, ASA

ASA

Machinery & Technical Specialties

Thomas & Simonova

13 Khreschatic, app 22
22
Kyiv
01001 Kyiv oblast
UKRAINE

+380 050 312 3652 Lns@ire.kyiv.ua www.ire.kyiv.ua

Ms. Simonova is an American-Certified  Appraiser and Senior Member of the American Society of Appraisers (ASA) – the only Ukrainian citizen to be Certified as such. She serves as a Vice-President of the European Chapter of the ASA. She is also a Certified Ukrainian Appraiser and a founding member of the Ukrainian Society of Appraisers. Ms. Simonova was the lead author of Ukraine’s National Standards of Appraising. In 2020 was appointed to  Tangible Assets board International Valuation Standards Committee IVSC. 

 Current position

1992-2025 Company 'Thomas and Simonova',  partner
+38 050 312 36 52

22, Saporno-Slobidska 127, Kyiv, 03028

 

22, Saporno-Slobidska 127, Kyiv, 03028

phone:+38 044-583-06-87 

 lns@ire.kyiv.ua

 

                                                                                              

 

 

Appraisal for litigation in the court of London, mortgage appraisal for the banks, appraisal for financial statements, real estate appraisal, intangible assets for Ukrainian and foreign companies,  EBRD, banks and International clients.  

Web-site hpps:// ire.kyiv.ua

Ms. Simonova has  managed and participate in valuations for over 400 large companies, including the four largest banks in Ukraine and major firms in the industrial, energy and agribusiness sectors. The company website contains copies of all relevant corporate licenses, personal appraisal certifications and a list of representative clients.

Ms. Simonova is a Founding Member of the Ukrainian Society of Appraisers and since 1995 has served as Chair of the International relations Committee.  Since 2002 she has served on the National Working Group to develop Ukrainian National Standards of Appraisal and was the lead author on all four National Standards approved by the Cabinet of Ministers of Ukraine as well as other documents on appraisal methodology, including legal recommendations on how to value loans held by commercial banks.  

Ms. Simonova is a Senior Accredited Member of the American Society of Appraisers (membership #069756), vice-president of European chapter of ASA. She  developed advanced courses in international valuation including a course in valuation of assets for International Financial Reporting Standards for Appraisal Institute.

Ms. Simonova continues to publish methodological articles in national and international journals, including the Appraisal Journal of the United States Appraisal Institute.

Selected Publications:

“Market Prices and Capitalization Rates for Commercial Real Estate in Ukraine”, with P.R. Thomas, Appraisal Journal Spring 2009, in English

Chapter on Ukraine in Real Estate Valuation in Global Markets, 2nd Edition, the Appraisal Institute, in English

“How to Appraise Banking Real Estate in Ukraine”, the NewsLetter of the National Bank of Ukraine, October 2007, in Ukrainian

Ms. Simonova regularly teaches professional seminars, drafts methodological procedures and advises the Ukrainian Government on regulations and the development of the appraisal industry in Ukraine.

Co-developer  of two advanced international appraisal courses developed for the United States Appraisal Institute: (1) Valuation in Challenging Markets and (2) International Financial Reporting Standards for the Real Property Appraiser.

 She holds a Candidate of Technical Sciences (Ph.D.) degree in Civil Engineering. She specializes in market valuation of real estate, valuation of all forms of fixed assets for international audits according to IFRS, and business valuations of companies and investment projects. During the last twenty years she has personally worked on over 200 appraisal projects.

Ms. Simonva managed the appraisal of such banks:

Delta bank

Eximbank

Raiffasen-Bank Aval

Oschadbank

First Ukrainian International Bank

Also managed appraising of more than 300 big companies, such as

Krivorizzya TETS

Ukrnafta

Poltavaoblenergo

Zapizziyaoblenergo

Chernigivoblenergo

Sumioblenergo

Lvivoblenergo

Kirovogradoblenergo

Prikarpattiyaoblenergo

Khersonoblenegro

Ternopiloblenergo

Dniprospetsstal

Zapozziatransformer

Zaporizzya ferrow allow plant

Syakhaniv ferrow allow plant

Nockopol stell pipe factory

Otis Ukraine

Amako Ukraine

Terminals in Odessa and Saint-Petersburg

Kerch gas terminal

Responsibilities: developing methodology, managing data collection, checking calculations, reports writing, defending reports, quality control, etc

 

EMPLOYMENT HISTORY

1992-2017       IRE, CFO and cheif appraiser

1980–1992                Research Institute for Building Engineering and Architecture

Senior Scientist

  • Technical appraisal of buildings, engineering renovation
  • Conducted research and published articles in building structure

    1974–1980                Institute for Roads and Bridges "Soyusdorproyekt", Kyiv

    Senior  Engineer

  • Designed bridges and roads throughout Ukraine
  • Responsible for mathematical calculations underlying bridge design

     

     

     

    EDUCATION

    1980–1992     Scientific-reserch Institute of Engineering Construction,  Ph.D. in Civil Engineering (Candidate of Technical Science),   Senior Research Fellow 

  • 1969-1974   University of Rail road Engineering, Dnipro, Ukraine, Graduated with Honors
  • Master^s and Bachelor^s degrees (equivalent) in Engineering
  • Specialization in building roads and bridges


Appraisals Over Internet

Does not accept Fee Assignments

Experience as Expert Witness

Experience with IRS Appraisals

Appraisals for personal relationship dissolution

financial reporting, litigation, in former Soviet Union countries, trading centers, hotels, Manufacturing assets, oil and gas extracting, ships, trade names, filing stations, assets, property, flats, apartments, house, airports, seaports.

Currently holds

Designation(s)Discipline Specialty
MTS - Machinery and EquipmentMachinery & Technical SpecialtiesMachinery and Equipment

Works in Industries

Industry
Agriculture
Auto/Truck Dealerships
Automotive
Beer/Wine/Liquor
Biotechnology
Business Services
Chemical
Construction
Energy
Engineering
Extractive Industries
Financial Institutions
Financial Services
Food - Processing and Bottling
Gas Stations
Healthcare
Hospitals
Manufacturing
Medical Equipment and Supplies
Oil and Gas
Oil and Gas - including related
Real Estate
Restaurants
Retail
Technology Companies
Transportation and Freight
Utilities