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VTB supports Don-Stroi Invest to launch Sedmoe Nebo

1 October 2010

On 2 October, supported by VTB, Don-Stroi Invest is to implement Sedmoe Nebo housing estate, built on the bank of Ostankinsky Pond near the famous estate of Count Sheremetyev. This event is rather symbolic for the company as it’s the first facility fully completed in partnership with VTB Bank.

Andrey Puchkov, Deputy Chairman of VTB Management Board said: “VTB Bank acts as a financial partner of Don-Stroi Invest. Our major task is to control the company’s timely fulfillment of obligations to different parties. Sedmoe Nebo housing estate demonstrates Don-Stroi Invest capacities to build a really comfortable and high-quality housing. We are sure that all facilities implemented with VTB support will also be a success».

In 2010, with VTB support Don-Stroi Invest is to complete the construction of seven housing estates comprising over 700,000 sq.m. “Nowadays, the company actively works to complete a number of facilities which are almost ready. They include such large complexes as House on Begovaya and Izmaylovsky, which implementation will solve housing problems of more than 3,000 families,” says Alena Deryabina, CJSC Don-Stroi General Director.

As was already published, on 1 October 2010, Don-Stroi Invest launched the sales of facilities at the highest level of implementation and housing estates already completed. Most offers are related to business-class facilities to be completed this year, including House on Begovaya, Izmaylovsky, 41 Biryuzova as well as Losiny Ostrov, situated next to the Losiny Ostrov National Park and to be implemented in 2011.

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