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News: Novosibirsk 24 Jul '08 | Transport, logistics Overhauling Irkutsk locomotive depot for $18.8m Russian Railways’ East-Siberian Railways will have invested more than $18.8m by the yearend in reconstruction of the Zima locomotive depot in the Irkutsk Region. 24 Jul '08 | Materials, extraction Irkutsk in search of $21m to develop magnesites The Irkutsk regional government is looking for an investor interested in racking up $21m for the development of the Savinsky magnesite deposit in the region. 23 Jul '08 | Tourism, recreation Restorator eyes 4 new eateries in Omsk Novosibirsk-based restaurant chain Restorator has announced $2.6m plans to open four cafes and restaurants in Omsk. 23 Jul '08 | Real estate VostSibStroy in for $1.7bn move to grow Irkutsk Irkutsk-based developer VostSibStroy has announced plans to build a $1.7 bn residential quarter just outside Irkutsk. 22 Jul '08 | Industry, manufacturing Resurs looking for investors for $6.6m brickworks Irkutsk company Resurs is looking for partners to invest in a $6.6m brick manufacturing plant in Irkutsk region. 22 Jul '08 | Transport, logistics Flights to be diverted as Irkutsk upgrades its runway The company running Irkutsk airport has announced that a $41m runway upgrade will cause commercial flights to be diverted during the four month construction period. 21 Jul '08 | Tourism, recreation Contractor needed for $49m ice stadium in Irkutsk August 25th Irkutsk region is to find a contractor for construction of a $49m ice stadium. 18 Jul '08 | Industry, manufacturing Kuzmin Steel Works gets $8m pipe-rolling mill Novosibirsk-based metallurgic factory Kuzmin Steel Works has launched a test run of a new $8m “10-50” pipe-rolling mill. 17 Jul '08 | Industry, manufacturing Cheers, Chistaya Voda plans $32m bottling plant Drinking water manufacturer Chistaya voda has disclosed details of the project to build a $32m bottled water plant in Novosibirsk. 17 Jul '08 | Real estate Irkutsk’s Basis PG in search of $273m for house-building factory Irkutsk-based project developer Basis PG is looking for a $273m investment to build a house-building factory in Irkutsk. 17 Jul '08 | Tourism, recreation $603m tourism and recreation SEZ eyed next to Irkutsk Federal authorities have come up with $603m worth of plans to set up a special tourism and recreation zone in the Irkutsk Region. 16 Jul '08 | IT & technology Irkutsk comes up with $47m Nanotechnology Center plan The Irkutsk Region has unveiled plans to construct a $47m Baikal Nanotechnology Center in Irkutsk in two years. 16 Jul '08 | Industry, manufacturing $147m oil refinery to be built in Irkutsk, bidders welcomed A $147m oil refinery is to be built in the Irkutsk region; US and Canadian companies will be contracted for design, construction and engineering. 15 Jul '08 | Retail, FMCG Baucenter spends $32m on second Omsk DIY store DIY-hypermarket chain Baucenter has opened a $32m store in Omsk, its second in the city. 15 Jul '08 | Finance, business Irkutsk to take out $43m from Rosbank The Irkutsk regional authorities have announced intention to take out a $43m loan from Rosbank that has won a recent tender. 15 Jul '08 | Transport, logistics TS Development plans $100m logistics park TS Development has announced plans to build a $100m Class A logistics center in Novosibirsk. 11 Jul '08 | Finance, business Novosibirsk’s Elsib geared for $10.3m Gazprombank loan Novosibirsk’s manufacturer of hydraulic power equipment Elsib and the Novosibirsk branch of Gazprombank have signed a $10.3m loan agreement. 10 Jul '08 | Real estate $140m trade and leisure center to appear in Novosibirsk Novosibirsk-based developer Sibinvest has announced plans to build a $140m shopping and recreational center in Novosibirsk. 10 Jul '08 | Retail, FMCG St. Pete’s O’Key to spawn hypermarkets in Siberia St. Petersburg’s retailer O’Key has announced plans to start heavily investing in hypermarkets throughout Siberia in 2009. 09 Jul '08 | Retail, FMCG Trifecta pays $12.3m for 10% stake in Top-Kniga Trifecta Capital Partners has purchased a 10% stake in Top-Kniga, a retail chain of bookstores, for $12.3m the company has reported.

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