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Austrian firm strikes 27 billion-rouble deal over Lakhta Center in St Petersburg

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Austrian firm strikes 27 billion-rouble deal over Lakhta Center in St Petersburg

Waagner Biro, an Austrian company, concluded a contract for supply of sintered glass-metal materials worth 27 billion euro for under construction Lakhta Center in the Russian city of Saint Petersburg, Die Presse reports on Thursday.

According to the newspaper, a 17,5-meter glass structure will be produced to support façade of the highest building in Saint Petersburg.

“This contract will significantly increase our involvement in Russia. Next year, our business with Russia will account for 15% of sales,” the newspaper cites the head of the enterprise, Johann Sichka.

The company has already produced glass structures for buildings in Russia, such as staircases for a new building of Mariinsky Theatre.

As a reference, the construction works over Lakhta Center public and business complex, which includes a high-rise tower, have been carried out since 2012.

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