Managing Partner, VRS (Valuation & Research Specialists)

VRS (Valuation & Research Specialists)

Financial analyst specializing on corporate valuation. Long-term experience in analyzing and valuing listed and non listed companies in a wide range of business sectors in Europe, North America and internationally. Some of the sectors covered are financial services, industrials, high technology and real estate. Certified Equity Analyst by the Hellenic Capital Market Commission, Greece. Member of the Hellenic Association of Certified Securities Analysts (HACSA), Greece. Associate Member of the Chartered Institute for Securities & Investment (CISI), UK.

Specialties: Applying methods in corporate valuation, developing valuation models and writing equity research and valuation reports. Consulting services to companies with regard to their valuation drivers and potential corporate value, utilized in corporate deals such as mergers, acquisitions and sale of businesses. Specialized financial translations.

Managing Partner

Valuation & Research Specialists (VRS) is a boutique financial advisor with more than 17 years of experience in Corporate Valuation and Finance, and a diversified client base including some of the largest Companies in Greece.

Since 2002, VRS has completed more than 200 engagements in the areas of business valuation and financial analysis for more than 100 clients in a wide range of industries.

VRS has been honored to work with small and large private and publicly traded companies in Europe and overseas.

Boutique Financial Advisor

Macroeconomics

<ul><li>The Baltic Dry Index (BDI)* stood at around ~2,043.00 points (USD) on February 23rd, 2026 versus a previous notable low of ~1,533.00 points (USD) on January 15th, 2026, and versus a previous peak of ~2,846.00 points (USD) on December 3rd, 2025.</li><li>Since the start of 2025 and until February 2026, the Index has been trading broadly upwards but with various swings or seasonal fluctuations as it started from well below 1,000 in early last year.</li><li>Overall, the short term sentiment around the dry bulk shipping activity has been quite resilient despite the ongoing uncertainty around the global tariff regime, the multifaceted geopolitical conditions and the course of major economies, namely of US and China, and to a lesser extent of Europe.</li></ul>

The Baltic Dry Index (BDI)* stood at around ~2,043.00 points (USD) on February 23rd, 2026 versus a previous notable low of ~1,533.00 points (USD) on January 15th, 2026, and versus a previous peak of ~2,846.00 points (USD) on December 3rd, 2025.Since the start of 2025 and until February 2026, the Index has been trading broadly upwards but with various swings or seasonal fluctuations as it started from well below 1,000 in early last year.Overall, the short term sentiment around the dry bulk shipping activity has been quite resilient despite the ongoing uncertainty around the global tariff regime, the multifaceted geopolitical conditions and the course of major economies, namely of US and China, and to a lesser extent of Europe.

Baltic Dry Index (BDI)  - Resilience for the Dry Bulk Shipping Market