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Contractors & developers


PIK Group ends 2011 with revenues of RUB 52bn

There was a 30.5% increase in the revenues of the Russian developer the PIK Group in 2011 – in comparison with 2010 – to RUB 52.1bn (€1.3bn). Of this, sales of residential housing accounted for RUB ... more»
2012-01-31
 

MCG may loose Eurasia tower

Demoginet Limited of Cyprus and allegedly affiliated with Nafta Moscow, has won a lawsuit against the company Tekhnoservis – a subsidiary of the developer MoscowCityGroup (MCG) currently developing Eurasia Tower ... more»
2012-01-20
 

Supreme Court approves controversial delisting of St. Petersburg architectural monuments

The Russian Supreme Court ruled that the St. Petersburg authorities were acting in accordance with the law when they de-listed 38 architectural monuments from the protection list in 2004. The court cancelled the decision ... more»
2012-01-19
 

Hals Development takes control of the only joint development with French Apsys

Russia's Federal Antimonopoly Committee (FAS) has approved the acquisition of 50% of Hals-Invest Development, part of developer Hals Development, by Sapidus Holdings from System Apsys (French group Apsys). Sapidus, which ... more»
2012-01-03
 

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