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News: Krasnodar 24 Jul '08 | Transport, logistics Autoban in $607.2m highway construction move Moscow-based road construction company Autoban has announced construction of a $607.2m section of the M-4 Don motorway. 24 Jul '08 | Finance, business Krayinvestbank to float $25.6m worth of bonds Krasnodar-based Krayinvestbank has posted plans to place $25.6m worth of first-series bonds on August 8. 24 Jul '08 | Retail, FMCG Eldorado to “gild” Russia with $60m Moscow’s retailer Eldorado has announced plans to invest $60m in the spawning of its HiTechnik outlets in 100 Russian cities in 2008. 24 Jul '08 | Industry, manufacturing One-man pig-breeding play for $16.7m A private entrepreneur has announced plans to construct a $16.7m pig breeding company in Adygeya not far from Krasnodar. 24 Jul '08 | Industry, manufacturing $64m to revamp heavy machinery Armavir Heavy Machinery Factory has masterminded a $64m investment program to increase cargo car production in the Krasnodar Region. 23 Jul '08 | Finance, business; Real estate Kabardino-Balkariya latest to benefit from utilities fund The Kabardino-Balkariya Republic is the latest region to be awarded a federal grant to overhaul residential utilities, Interfax reports. 21 Jul '08 | Real estate Krasnodar set for $130m, UK-designed business center Moscow developer Peresvet-Region has announced $130m plans to build a business center in Krasnodar, to be designed by UK architects. 21 Jul '08 | Tourism, recreation Krasnodar Region to enjoy $65m spa resort in three years An anonymous investor is said to have plans to build a $65m spa resort in Goryachy Klyuch, Krasnodar Region. 21 Jul '08 | Finance, business; Energy, utilities MRSK South in for $152.7m loan from Gazprombank Rostov’s power distribution company MRSK South is getting a $152.7m five-year loan from Gazprombank. 21 Jul '08 | Industry, manufacturing GM to churn out Opels and Chevrolets in Krasnodar? US car manufacturer General Motors is considering construction of a car assembly factory in the Dinskoy district of the Krasnodar Region. 18 Jul '08 | Transport, logistics Development Logistic's ProLogica Park weighs in at $345m Krasnodar-based logistics company Development Logistic has invested $345 in its new ProLogica multimodal logistics park, the firm said. 18 Jul '08 | Finance, business Caucasus’ Karachayevo-Cherkesiya seeking $1.3bn for economic spurt Karachayevo-Cherkesiya, Northern Caucasus, has devised a $1.3bn five-year economic and social development program for the region. 18 Jul '08 | Finance, business Eurokhim fertilizer to pay $8m for Agrokhimik Moscow-based fertilizer producer Eurokhim is to purchase Krasnodar-based agricultural company Agrokhimik for $8m. 18 Jul '08 | Tourism, recreation Confusion over plans for Krasnodar golf course plan Strike Fitness is to build a golf course in Krasnodar, though many of the released details are questioned by our sources. 17 Jul '08 | Materials, extraction; Transport, logistics Transnefteproduct to pay $775m to reach the Black Sea Moscow’s Transnefteproduct has announced plans to build a $775m petroleum product pipeline connecting Samara and the Black Sea coast. 16 Jul '08 | Industry, manufacturing Novoroscement announces new cement plant Cement-supplier Novoroscement has announced $397m plans to build a cement plant in Novorossiysk, set to begin work in 2010. 15 Jul '08 | Finance, business Sberbank beefs up South Russia loan portfolio An Individual loan portfolio at the South-West branch of Sberbank has swollen by $450m since the beginning of 2008 to $2.6bn. 11 Jul '08 | Real estate Ru Development to carry out $480m projects in Krasnodar Ru Development is to invest $480m in construction of two business complexes and a hotel in Krasnodar. 11 Jul '08 | Industry, manufacturing Inteko invests $475m in cement plant Moscow-based developer Inteko is to invest $475m in construction of a new production line at a cement plant in Krasnodar region. 10 Jul '08 | Tourism, recreation Osnovnye Stroitelstva to build $42.7m complex Osnovnye Tekhnologii Eksperimentalnogo Stroitelstva, a Surgut-based developer, has announced plans to build a $42.7m leisure complex in Krasnodar.

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