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Printed from: http://petersburgcity.com/news/business/2003/11/20/Landlord/ Business news, 20.11.2003 17:04 Germany to Help Update Saint Petersburg Housing![]()
The two sides agreed to try to attract loans to provide better living conditions in mass-produced paneled buildings. They also want to create a joint company that will manage and oversee the implementation of these projects in Saint Petersburg.
An intergovernmental agreement was signed in July 2003 between the Russian State Construction Department and the German Ministry of Transport, Construction and Housing to collaborate in the area of construction and housing.
News source: www.rosbaltnews.com
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