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Executing contracts for construction and assembly works with foreign contractors

Hiring foreign contractors for constructing projects in the territory of Russia has become common practice among investors. The reason for this is that foreign companies often employ cutting-edge technologies which are still too innovative for Russian firms; foreigners also have a competitive edge in the Russian construction market due to a better organization of the construction process. Employing foreign companies is especially common with foreign investors. Working in a foreign country with ...

Things to look out for when buying a land plot

Choosing a land plot is a very important stage in the investment and construction process. As a rule, a land plot is selected at the time when the investor or developer have a precise conception of the functional purpose of the future project. However, things may be done in a reverse order, when a project is constructed at a given land plot in compliance with the functional purpose of the territory. A correct choice of a land plot in accordance with defined purposes will not only provide for mi...

Archeological excavations at the RSV project site completed June 15, 2007

Archeological excavations at the RSV project site completed June 15, 2007 In May – June 2007 an archeological expedition of the «Don Inheritance» State Cultural Agency of the Rostov region performed protection and conservation archeological excavations of hills No.4—8 of the «Temernitskiy I» grave-mound located in the territory of planned construction of a multi-service shopping center «Auchan» in the Aksaisk district, Rostov region. As a result of the excavations there were revealed and comple...

«TCT» project: chain store INDITEX launched.

«SMA» project: permit obtained to commission Mega Samara family shopping center.

«SMA» project: comprehensive testing of fire prevention systems in Auchan hypermarket- part of Mega Samara family shopping center carried out.

«SMA» project: a complex of works required to start gas supply of Auchan hyperrmarket — part of Mega Samara family shopping center — completed.

«SMA» project: CONCLUSION ON COMPLIANCE OF RECONSTRUCTED RENOVATED CAPITAL DEVELOPMENT SITE WITH REQUIREMENTS OF TECHNICAL REGULATIONS AND PROJECT DOCUMENTATION for Mega Samara family shopping center obtained.