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

VDNKh  USAID  Russian scientists  Soviet Union  Cheburashka   Fairy-Tale Map Of Russia   Painting  FC Zenit St Petersburg  Barnaul  Moscow Metro  rouble  Awards  Rostov Oblast  Stanislav Lyubshin  Mercedes-Benz Fashion Week Russia  Petrozavodsk   Olympics 2012  St. Petersburg  National Russian Dress  Monuments of Tver  Violeta Ruiz  Moscow Region  Russian tourism  Russian International  Exhibitions in Moscow  Ostrogoschsk  Monuments in Moscow  Multimedia  Music festival  Moscow  Russian tourist destinations  Satellites  Baikal  Night of Arts  Smolensk  Russian economy  Russian business  Musicals in Moscow  Russian science  Russian culture  Glazov  Sberbank  Moscow Photographic Salon  Russian Cinema  Mikhail Gorodetsky  Mikhail Lomonosov  protest rally  Leningrad Region  Andrei Kharitonov  Fashion 

Travel Blogs
Top Traveling Sites