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Cronos appoints new auditors.


NEW YORK--(BUSINESS WIRE)--March 26, 1997--The Cronos Group announced today the appointment of Moore Stephens as the head auditor for The Cronos Group.

Cronos selected Moore Stephens primarily for their international representation and their close affiliation with the ocean carrier business for over 50 years. Many of Moore Stephens' clients are also Cronos' customers. The insurance division of Moore The Division of Moore is an Australian electoral division in the state of Western Australia. Eligible voters within the Division elect a single representative, known as the member for Moore, to the Australian House of Representatives.  Stephens specializes in the marine sector including marine mutual associations (P&I) for which they have acted for over 100 years.

Moore Stephens North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  Inc., the 12th largest auditing firm in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , is a member firm of Moore Stephens International Limited, which has over 280 firms in 65 countries including representation in all of Cronos' operational areas.

Cronos' client liaison partner at Moore Stephens, John Harbor, is a Director of Moore Stephens Luxembourg and is also a Director of Moore Stephens London.

Appointed Monday, Moore Stephens immediately began auditing the 1996 financials for the Group and expects the audit to be completed by May 31.

Cronos is one of the five largest lessors of intermodal marine containers in the world, owning and managing a fleet of dry cargo, refrigerated re·frig·er·ate  
tr.v. re·frig·er·at·ed, re·frig·er·at·ing, re·frig·er·ates
1. To cool or chill (a substance).

2. To preserve (food) by chilling.
 and tank containers and other specialized spe·cial·ize  
v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es

v.intr.
1. To pursue a special activity, occupation, or field of study.

2.
 intermodal equipment.

CONTACT: Stephen Brocato

44/ 1344 891111

fax 44/ 1344 894104

email sb@cronos.com
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Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 26, 1997
Words:214
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