print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all LSR Group press releases

LSR Group

March 31, 2010

LSR Group completes a governmental contract for sale of housing

City House Building Company (OOO GDSK), a subsidiary of LSR Group, successfully completed a contract with the Government of St Petersburg for the sale of 1,040 flats for social needs. The completion of the apartments and transfer to the Government was completed in full compliance with the contract deadline and with contract obligations fully fulfilled.

The contract was signed as a result of the open auction held by the Government of St. Petersburg July 2009. According to the contract terms, City House Building Company was to complete residential units by 31 March 2010. The total value of the contract is approximately RUR 1.8 billion.

In addition, under another governmental contract signed with the RF Ministry of Defence as a result of the open auction held in June 2009, OOO GDSK is planning to transfer 1,366 flats in completed projects ahead of the agreed schedule. Under this contract, OOO GDSK is to transfer 1704 flats by the end of September 2010. The contract value is approximately RUR 4.7 billion.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer