Internet guide to St. Petersburg, the cultural capital of Russia Internet Explorer: add to favorites 
St. Petersburg guide / Home page
 News | Events | Playbill | City | Tourism | Accommodation | Business
 Culture | Dine & Wine | Nightlife | Family | Health & Sports | Excursions
Services | Shopping | Classifieds | Forums | Map | Weather | Articles

Personal live guide to PetersburgVisa support for your tripsOnline Map of St. Petersburg
 in St.Petersburg: December 13, 2017; 8:39pm (GMT+4). Search:
 Business news All business news in St. Petersburg 
Warning: current() expects parameter 1 to be array, null given in /home/webs/city.air.spb.ru/system/advert.robo on line 24
News at PetersburgCity.com
City news
Business news
Culture news
Anniversary news

Business news
Faeton to Invest USD 15 Million in Business Centre near Pulkovo-3
02.03.2003 18:12

Faeton to Invest USD 15 Million in Business Centre near Pulkovo-3 The Faeton holding company is in the process of investing USD 15 million in a multifunctional center to be built near Pulkovo-3. This is according to the statement made at a press conference by Vladimir Khilchenko, Faeton's President. The 1.24 ha site near the Pulkovo international airport was purchased at a city auction for USD630,000.

The plaza will include a hotel and office building, trading zones and parking lots. A new seven story building will house the hotel and offices. The project should pay for itself in 3.5 years from the moment the site was purchased. Until now, the largest of Faeton's projects amounted to the completion of the construction of a small amusement centre in Moscow Prospect and purchasing the Barrikada movie theater in Nevsky Prospect.

The Faeton holding company has 27 subsidiaries in St. Petersburg and the Leningrad Region engaged in 10 various business areas, including some industrial production, petroleum products sales, transportation, and commercial real estate. Its employees number over 3,000. Despite the company's attempts at diversification, fuel sales account for USD 63.4 million of a total trade turnover of USD 93.8 million. At this time, 40 gas stations in St. Petersburg and the Leningrad Region are owned by Faeton, accounting for 12% of the local market of petroleum products.

News source: www.rosbalt.ru
Print this news


Business news archive for 03 February' 2003.
Business news archive for February' 2003.
Business news archive for 2003 year.
City news archive
February' 2003
SuMoTuWeThFrSa
      1
2345678
9101112131415
16171819202122
232425262728 
       
Archive for 2003 year


 News | Events | Playbill | City | Tourism | Accommodation | Business
 Culture | Dine & Wine | Nightlife | Family | Health & Sports | Excursions
Services | Shopping | Classifieds | Forums | Map | Weather | Articles

Site Map | Search | Help/feedback | About | Advertise with us

Contacts: info@petersburgcity.com

(c) 2001-2016 "Information Resources" Agency