OREANDA-NEWS. August 12, 2011. Stroytransgaz has initiated the deal on acquisition of ARKS Group that comprises eight largest companies specializing in the transport, industrial, and house construction.

The acquisition of ARKS Group continues the policy of Stroytransgaz for its activity diversification. As part of these activities, Stroytransgaz acquired Set’stroyservis on July, 2011, that dealt with the engineering and construction of power grids, civil and industrial facilities, and provided a full range of engineering services in the field of management of reconstructed facilities and those under construction.

Stroytransgaz’ 20-year working experience and highly qualified profile assets make the company one of the major players in the Russian market of transport, industrial, and house construction.

"Today the company is ready to enter into a number of large infrastructure projects, - said Sergey Makarov, Chairman of the Management Board of the company. - We have a great experience in oil and gas, and energy facilities construction. The experience of transport, house and civil construction is not new for us – the company has carried out a number of major projects in Russia and abroad in this field. Together with the order portfolio increase, we develop our activity in parallel fields and intend to become a major player in the market".

At present Stroytransgaz is working over the issue of joining a number of projects in the transport, industrial and house construction.