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LSR Group

March 2, 2010

OJSC PO Barrikada (a subsidiary of LSR Group) to construct public objects under the government contract

OJSC PO Barrikada has entered into a government contract with Saint Petersburg Committee for Construction under which a construction department PO Barrikada is to design and construct pre-school educational facilities and secondary schools in the Osinovaya Roscha area in St. Petersburg. The total value of the government contract is RUR 1,995 million.

Under the contract terms, PO Barrikada is to construct four pre-school educational facilities and two secondary schools by the end of 2010. Reinforced concrete products produced by PO Barrikada will be used in the construction, which will further utilize Barrikada’s production capacities. The total area of the objects is 54.5 th.sq.m.

 

 

 

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