Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

French Suprema Associates to Invest $ 1 Billion into Resorts of the North Caucasus
16.11.2011 14:11
French Suprema Associates to Invest $ 1 Billion into Resorts of the North Caucasus

Suprema Associates, owned by Ravi Viswanathan, a Managing Director of Natixis Corporate Solutions, has signed an agreement with Russian state company Resorts of the North Caucasus. According to the agreement the French company is to invest $ 1 billion into building ski mountain resorts in the region. The details of cooperation will be worked out later.

Ravi Viswanathan considers the Resorts of the North Caucasus attractive as all the necessary infrastructure will be built by the state. At that the Russian government guarantees return of the investments, lost by reason of political risks.

Ravi Viswanathan will become the second French investor, who is ready to invest into the Resorts of the North Caucasus. The French bank Caisse des Depots et Consignations intends to put up to 10 billion Euro into the project. In June the state company signed an agreement with six Austrian companies, which expressed their desire to invest into building the resort.



Author: Irina Fomina

Tags: North Caucasus invest Russian tourism   

Next Previous

You might also find interesting:

Comment on our site

RSS   twitter      submit

Kabardino-Balkaria  Dmitry Prigov  Treasures  Arktikmor Neftegaz Razvedka  Samovar  Flight Accident  Kamchatka  Komi Republic  obituary  Russian economy  Russian tourism  Russian business  Pskov  Russia  Art events  Russian beaches  Peter the Great  New Year  Viktor Tsoi  St. Petersburg  Nikolay Beketov  Theatre Festivals  Armory Chamber  sea traffic  Online Exhibitions  Russian Literature  Russian theatres  Pyotr Todorovsky  Exhibitions in Moscow  Moon exploration  Russian science  Book Tickets for Ballet  Russian parliament  Sberbank  Viking  Russia Travel Tips  Modern Art  Zaraisk   Tuapse   Ulyana Sergeenko  Boris Yudin  Georgy Taratorkin  Transplantation  Mercedes-Benz Fashion Week Russia  Multimedia Art Museum  Moscow  Russian Cinema  Central Bank  Vladimir Bekhterev  Russian scientists 

Travel Blogs
Top Traveling Sites