Thursday, October 1, 2009

Deripaska Wins Sochi Road Contract

Transstroi, of Oleg Deripaska’s Basic Element group, won a $1 billion contract for roadwork in Sochi. Transstroi was initially disqualified from the tender for submitting three bids, but the regional anti-monopoly authority ruled that this was a technical mistake and ordered that Transstroi be permitted to correct its submission.

http://10.vedomosti.ru/newspaper/print/2009/10/01/215197

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