OREANDA-NEWS. September 17, 2008. Russian National Exhibition entitled "Economic Growth and Mutually Beneficial Partnership" opened in Ashgabat where ITERA international group of companies exhibits new projects in oil and gas industry, real estate, engineering, IT and telecom spheres, reported the press-centre of ITERA.

The cooperation between ITERA and Turkmenistan that originated back in 1992 now turned into progressive and forceful process.  Apart from oil and gas projects implemented in the Caspian shelf and Central Kara Kum, ITERA is building a luxurious hotel in Avaza health resort, sports complex accommodating a 10 000 seat stadium and a hotel in Turkmenabad, office building in Ashgabat. 

The Group contemplates constructing a carbamide facility in the Republic satisfying the world standards, and other projects.

The First Deputy Chairman of ITERA Oil and Gas Company Mr. Gennady Skidanov made an introduction of ITERA group stand represented by four companies: ITERA Oil and Gas Company, ITERA Invest Stroi, ITERANET and MRK-Engineering.

The opening ceremony was attended by vice prime ministers, Majlis (Turkmenian Parliament) ministers, Extraodinary and RF Plenipotentiary Ambassador to Turkmenistan Mr. I.Blatov.  They examined stands demonstrating the regions and leading Russian companies represented in the show.