Gavin Stoddart News

Shipping accountant Moore Stephens has appointed Gavin Stoddart as a partner in London, with special responsibility for developing the firm's Russian and Ukrainian business. As managing director of Moore Stephens Russia Ltd., Stoddart will focus on expanding the existing network of offices in Moscow, Nakhodka, Sakhalin Island, Vladivostok and Kiev, Ukraine, and expanding the range of services, which include audits and consultancy advice to major clients, particularly on Russian taxation issues. He will be joined by Elena Tikhnenko, a U.S. certified public accountant, who has moved to London from Moore Stephens Dalaudit in Vladivostok. She will work closely with Stoddart, as senior manager of Moore Stephens Russia.

Shipping accountant and business consultant Moore Stephens says that, despite recent publicity to the contrary, Russia is now a better place to do business than it has ever been for small and medium-size enterprises, including shipowners. Writing in the latest issue of The Bottom Line, the newsletter of the Moore Stephens shipping industry group, Gavin Stoddart, managing director of Moore Stephens Russia, says, "The door to international finance and international markets is open, with traffic flowing in both directions. The only passport to success is sound and visible financial structures". Acknowledging that there is still a Russian risk premium on investment capital…