iiBV course successfully held and completed in Belgrade

iiBV Course 101 and 102  that were organized in October are successfully held and completed in Belgrade in cooperation between NAVS and iiBV. Lectures was held by Mr. John J. Barton, ASA, CPA President of Brandywine Valuation Consultants. He has hugh lecturing experience and he was also senior member of the American Society of Appraisers (ASA). Students were also greeted by Ms. Vesna Stefanovic ASA, REV President of Managing Board. Program participants were from Serbia and Croatia.

In a survey conducted among the participants all expressed complete satisfaction about organized course and warmest recommendation to interested colleagues to participate too.



Programme “Valuation of Machine, Plant and Equipment”

pdf Agenda

Seventh years in a row National Association of Valuers of Serbia (NAVS) is organizing the court experts’ and related professionals’ education in the field of real estate valuation, as well as other persons involved with property valuation reports; but this year we make a step forward, offering the course for „Valuation of Machine, Plant and Equipment“ in ISO 29990 a certified training and examination center.

This educational course is organized in six module-days on Wednesday, Friday and Saturday, including 36 classes in total, in the premises of the NAVS Center in Belgrade, Grčića Milenka Str. No.39, III floor. The lecturing language will be Serbian. The additional readings will also be in Serbian, but the English is optional. All additional readings will be delivered to the candidates in elctronic form on CD.

The Educational Programme will be held in NAVS Educational Center (or via Internet) which is fully equipped to satisfy the needs of this course. Rooms are air-conditioned, the classrom is vast enough, so that each candidate could have its own table; the projector, projector screen, magnetic board and a computer for presentations are also provided. Refreshes and coffee are available during the breaks between letcures, as well as separate toilet for candidates only.

The course price is EUR 600.- for NAVS members and EUR 900.- for others.

The payment could be done through the legal entity also, on , on the account  CERP d.o.o  (Center for Education and Development of Valuers), 250-1440001595770-09 Eurobank. Corporative NAVS Members have 50% discount for every additional candidate. The Final Exam price, together with a Certificate, is EUR 200.- payble in RSD, according to official exchange rate of Eurobank, at day of payment.

If interested please submit your contact, number of candidates and company data, if paid by legal entity. For payments from abroad we will provide additional bank instruction, with a different bank account included.

For all information, application forms and payment instructions please send an e-mail at   office@procenitelji.org.rs

NAVS became ISO 29990 certified training and examination center for machinery and equipment appraiser

NAVS became ISO 29990 certified training and examination center for machinery and equipment appraiser


Promotion of the new eighth edition of the European Valuation Standard EVS 2016 in Belgrade

Promotion of the New Edition of EVS 2016 –  European Valuation Standards will be held on the 21.09.2016, beginning at 13:00 hours, at  the Association of Serbian Banks, Boulevard Kralja Aleksandra 86, in Belgrade, in the conference hall on the second floor. The introduction will be held by Predrag Catic of the Association of Serbian Banks, after which Danijela Ilic of National Association of Valuers Serbia will present the new edition of European Standards. This will be followed by a discussion on the topic ” Valuation of Real Estate for Loan Purposes” which will be held by Zoran Stanic of NAVS.

Founded Centre for Education and Development of Valuers

NUPS founded legal entity CERP d.o.o  (Center for Education and Development of Valuers) whose main activity is the establishment and maintenance of training programs for Valuers of different types of funds and for the preparation of professional activities that are necessary for the maintenance of acquired internationally recognized professional designation.

Arranging profession of real estate valuers in Serbia – what brings state regulation of the profession?

danijela ilic

Danijela Ilić

Uređenje profesije procenitelja nekretnina u Srbiji – šta nam donosi državno regulisanje profesije?

Procene imovine i kapitala za različite svrhe u Srbiji danas rade sudski veštaci iz različith oblasti stručnosti ali i kvalifikovani profesionalni procenitelji koji su kroz duži niz godina unapređivali svoje znanje i stručne veštine kroz primenu međunarodno prepoznatih standarda procene.

Procena je alat za dobro upravljanje poslovnim aktivnostima privrednih subjekata i za podizanje transparentnosti tih aktivnosti koje će povećati poverenje među stranama koje su uključene u poslovne aktivnosti. To je od ključnog značaja za planiranje ekonomskiog razvoja jedne zemlje. Iz tog razloga, razvoj i jako pozicioniranje profesije procenitelja je veoma važno za svaku zemlju.
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TEGoVA, General Meeting and Conference held in May

Spring TEGoVA General Assembly was held in Brussels on 14.05.2016.

The European Valuation Conference was held on 13.05.2016.

All presentations from these events can be downloaded from the website TEGoVA,



The Business Valuation Course






Brochure                     Application form



National Association of Valuers of Serbia (NAVS) by the end of 2015 has become the member of worldwide known International Institute of Busness Valuers – iiBV (news published: http://www.iibv.org/index.php/2015/12/18/2676/)
NAVS is one of five members of iiBV, together with American Society of Appraisers (ASA), The Canadian Institute of Chartered Business Valuators (CICBV), China Appraisal Society (CAS) and The Saudi Authority for Accredited Valuers (Taqeem).
iiBV together with its members, professional valuation organizations, represents the leading global organization of professional business valuers and provides the education promoting consistent professional standards and ethic codes, motivating also the international comunication and cooperation.
For more information on iiBV you may visit www.iiBV.org, as well as NAVS website www.procenitelji.org.rs.

Sixth year in a row, with great success, National Association of Valuers of Serbia is organizing the valuers’ education in the field of real estate valuation, but this year NAVS also offers the introduction course for plant and equipment valuers, as well as for business valuers, providing to both group of candidates possibility of additional specialization in those respected fields.

Seminar in cooperation with iiBV

Seminar “China: Inbound and outbound transactions” was held on Tuesday 24.05.2016. starting at 16.30. in Hotel Metropol Palace. Presenters were Ray Moran fron iiBV and Vladislav Ilić from NAVS.

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Link to video material is given below:


Ray Moran ASA, MRICS – CEO, MG Valuation–  Ray Moran is CEO of MG Valuation, with 34 years’ experience with International valuation firms. His responsibilities include all aspects of strategic planning, sales and marketing, engagement coordination and execution, and quality control. MG Valuation is an independent valuation firm serving clients in the Americas, Europe and Asia/Pacific. He specializes in client relationships and valuations for cross-border Mergers and Acquisitions, and business in China and Asia/Pacific.


nups 044 nups 05 nups 04Ray is a Senior Member of the American Society of Appraisers (ASA), and a Member of the Royal Institution of Chartered Surveyors. (MRICS). He is also a Member of the Board of the International Institute of Business Valuers (iiBV) , and Chair of their Marketing Committee; past member of RICS Americas Plant Machinery Committee, and past editor of the ASA Machinery & Technical Specialty Journal.

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Press conference

Press conference was held at the NAVS conference office on Monday 23.05.2016.

Theme of the conference was the recent reception of NAVS in iiBV membership.


konferencija za stampu 1From left to right: Vldislav Ilić, Ray Moran, Danijela Ilić, Vesna Stefanović, Zoran Stanić


NAVS was represented by the president Danijela Ilić FRICS, REV and iiBV was presented by Raymond Moran ASA, MRICS member of Board of Directors.

Apart from the aforementioned participation took Vesna Stefanović ASA, REV, ACC which became a member of the iiBV Board of Directors.

Link to video material is given below:



Among other things, emphasis was placed on the seminar of which is scheduled for 24.05.2016.od 16h at Metropol Palace Hotel with title “China: Inbound and outbound transactions” that will be presented by Ray Moran and Vladislav Ilić.

konferencija za stampu 10 konferencija za stampu 6 konferencija za stampu 4 konferencija za stampu 2