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1000 Turkish building companies might regain access to Russian market

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1000 Turkish building companies might regain access to Russian market

Russian authorities might partially lift a ban on the Turkish companies’ operation in the country, Construction Minister Mikhail Menn told Interfax news agency on Thursday.


“As soon as the corresponding assignment of the Russian government is given, we will be able to lift some bans imposed on Turkish companies, working on the Russian construction market. There are 1000 of such companies”, - specified Head of the Ministry.

According to him, the bans might be lifted in the near future.

“At the beginning of the year, Turkish companies were prohibited to execute a number of kinds of work, including the construction of buildings, utility facilities, engage in activity in the area of architecture and engineering and technical design. Following the improvement of bilateral relation between our countries, he given sanctions might be lifted”, - said the Minister.

At the same time, Mikhail Menn stressed that there will be no significant changes in the industry, since Russian construction market has achieved a needed level of independence.

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