Finnish SRV TERASBETONI OY intends to finance construction in Russia.
Published:
18 July 1999 y., Sunday
SRV Terasbetoni Oy, one of the leading construction companies of Finland, intends to organize financing from Western sources for new construction projects in the Russian pharmaceutical and food industries, and also for small and medium businesses. The volume of investments may total several tens of millions of dollars. The possibilities of investment were discussed during the negotiations between representatives of the company in a meeting at the Ministry of Economics of RF. The Russian side will study the offers from the Finnish company within the shortest possible time and prepare a list of projects for investments. The Finnish side, in its turn, will introduce partners to the Russian side, who have good potential on the construction market and also have an efficient management. SRV Terasbetoni Oy has been operating on the Russian market for more than 25 years. In Russia it fulfills contract work both for domestic and for foreign clients. In recent years the company built, in particular, potato-processing factory Koloss in Moscow, a corrugated cardboard factory in the Kaluga region, reconstructed the main office of Vozrozhdeniye bank in Moscow, and built office buildings for British Petroleum, Ericsson and Coca Cola in Moscow. SRV Terasbetoni Oy is a part of the Viitoset Finnish concern. In 1998 the concern_s turnovers totaled approximated $300 mln., of which about 20% resulted from foreign operations and export.
Šaltinis:
Independent Media
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
An aviation agreement has been signed today by the European Union and the Vietnamese authorities which will remove nationality restrictions in the bilateral air services agreements between EU Member States and Vietnam.
more »
The European Investment Bank marked the 50th anniversary of the Republic of Cyprus and its 30 years of activity in the country with a public ceremony celebrating the signature of a total of EUR 180 million for urban environment.
more »
In response to the financial crisis, the Commission has put forward legislative proposals to strengthen and expand existing tools for coordinating economic and fiscal policy in the EU.
more »
In the first meeting of the SME Finance Forum, possible means to improve the current situation of access to finance were discussed, such as the introduction of a grace period for firms in difficulties, the involvement of credit mediators and improved loan guarantees.
more »
The EU budget is no simple matter, but then no budget ever is.
more »
Parliament will be crucial in avoiding a “lowest common denominator” approach when helping to design the EU's new economic governance architecture, ECB president Jean-Claude Trichet told the Economic and Monetary Affairs Committee on Monday.
more »
With a multitude of language-related events taking place on or around 26 September, the main themes for this year's European Day of Languages are business and jobs.
more »
The EU disbursed today € 1.15 billion to Romania, the third instalment of a € 5 billion loan, which was agreed in May 2009 as part of a multilateral financial assistance package.
more »
The European Investment Bank has agreed to lend GBP250 million for the replacement, reinforcement and expansion of the gas distribution networks operated by Scotland Gas Networks and Southern Gas Networks.
more »
The bargaining positions of all players in the human food chain must be rebalanced, and fair competition enforced by law, to ensure fair returns to farmers and price transparency to consumers, says Parliament in a resolution voted on Tuesday.
more »