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Russian scientists developed a transport model for Cote d'Ivoire
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Japanese-Russian medical centers to be set up all over Russia
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More fast food outlets will emerge in Moscow
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Apartments in Trump Tower have lost their appeal for buyers
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$15,7 billion invested in Dubai real estate in 2018
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Plant producing aluminum profiles will open in Russian Caucasus
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Experts explained the popularity of sports facility construction
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100 houses worth $2,5 billion are revealed in the Moscow region
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Europe’s highest observation deck will overlook the Kremlin
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50 new types of building materials approved for the use in Russia
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Russian entrepreneurs come up with “Little Italy” project
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Russian investor injects $3,5m in Polar eco-friendly hotels

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Russian investor injects $3,5m in Polar eco-friendly hotels

Kedr Plus, a Russian company, intends to invest about 200 million rubles ($3,5 million) in the construction of two eco-friendly hotels in the Murmansk region of Russia, director general of JSC Corporation of Development of Murmansk Region, Aleksei Baryshkin told reporters on Thursday.


“The investor places 129,1 million rubles in eco-friendly hotel in Teriberka and between 60 million and 70 million rubles in modernization (of the former recreation center – editor note) in Umba. That is why we state that the investment will amount to about 200 million rubles”, – Aleksei Baryshkin said at a press conference.

Eco-friendly hotel in Teriberka is scheduled to be commissioned this year. After modernization of the former recreation complex in Umba, the number of beds is expected to increase from 40 to 80.

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