The Azerbaijan Society of Appraisers and the National Association of Authorized Romanian Valuers (ANEVAR) have signed a memorandum of cooperation.
The document of was inked by Vugar Oruj, Chairman of the Board of the Azerbaijan Society of Appraisers, and Ioan Bercu, ANEVAR President.
The memorandum provides for expanding the exchange of experience in the field of valuation, strengthening professional ties, implementing joint initiatives, and advancing international cooperation.
Prior to the signing ceremony, ANEVAR hosted a meeting with Vugar Oruj, Chairman of the Board of the Azerbaijan Society of Appraisers, attended by former ANEVAR President Adrian Popa Bochiș, ANEVAR employee Elena Apostolescu, and a representative from the Embassy of Azerbaijan in Romania.
During the meeting, the sides discussed the activities of the Azerbaijan Society of Appraisers and ANEVAR, strategic directions of development, international relations, and potential joint projects between Azerbaijani and Romanian valuers.
The parties exchanged views on expanding relations between professional organizations of both countries, sharing expertise in valuation, and integrating Azerbaijani valuers into the European valuation framework.
In his remarks, Vugar Oruj, Chairman of the Board of the Azerbaijan Society of Appraisers, highlighted the importance of exchanging experience between Azerbaijani and Romanian valuers.
Discussions centered on the initiative to host the European Group of Valuers' Associations (TEGOVA) meeting in Baku in 2028. The parties aligned their positions regarding Romania’s support for this initiative at the upcoming TEGOVA meeting scheduled for October 21–25.
The year 2028 coincides with the 30th anniversary of the founding of the Azerbaijan Society of Appraisers. In this regard, hosting the TEGOVA meeting in Baku will provide an important opportunity to celebrate the anniversary of the Azerbaijan Society of Appraisers alongside European valuation organizations.
The leadership of ANEVAR invited the Azerbaijan Society of Appraisers’ leadership to attend events commemorating the 35th anniversary of the Romanian organization in 2027.
During the meeting, ANEVAR representatives congratulated the leadership of the Azerbaijan Society of Appraisers on the society's admission to TEGOVA membership, noting that this membership opens new opportunities for Azerbaijani valuers to expand cooperation with European colleagues, benefit more broadly from international experience, and advance professional standards.
