Sberbank of Russia and Stroi International

19th of September, 2014, Sochi - Sberbank of Russia and Stroi International have signed the agreement of cooperation at International Investment Forum "Sochi-2014". Document was signed by the First Deputy of Chairman of the Board (Sberbank) Mr. Maxim Poletaev and General Director of Stroi International Mr. Arthur Avanessian.

 

The subject of the Agreement is realization of mutual projects by Parties, notably, the construction of a residential complex in Krasnodar. The scope of financing from Sberbank side shall be 1,45 bln RuR, date of project completion is first quarter of 2016.

The list of mutual successful projects of Sberbank and Stroi International includes construction of the Formula-1 Circuit in Sochi (scope of financing is 1,20 bln RuR).

 

Stroi International executes design development and building of projects on "turn key" basis. The list of its projects includes projects of XXII Olympic Games in Sochi (fountain "Olympic Cauldron" and Olympic Oval).