JSC VTB Bank issued a RUB 1.17 billion bank guarantee to the Chief Directorate of Roadway and Aerodrome Construction under the Federal Special Construction Agency“ (GU SDA under Spetsstroy of the Russian Federation). The guarantee was issued in favor of the Civil Airports (Aerodromes) Administration, providing for execution of the construction contract for Petropavlovsk-Kamchatsky airport restoration and refurnishing.
According to Valery V. Lukyanenko, a Member of VTB Bank Management Board, “the Bank is focused on extending cooperation with Spetsstroy companies as such joint activities foster development of the Russian transportation infrastructure.”
Forreference:GU SDA under Spetsstroy of the Russian Federation performs construction of defense, public and departmental highways, construction and commissioning of special and industrial facilities, defense plants and other facilities under the state defense order. Besides, this enterprise performs civil construction of railroads, runways and space centers.