Bank of Moscow Grants ZAO Association ENGEOCOM Guarantee
OREANDA-NEWS. June 15, 2012. The Bank of Moscow has granted a guarantee of performance of state contracts by ZAO Association ENGEOCOM to a sum of RUB 2.2 billion for the purposes of fulfilment of work on constructing new Moscow Metropolitan lines: a line-change section from the Delovoy Centre station to the Nizhnyaya Maslovka station and the section of the Kalininsko-Solntsevo line from the Delovoy Centre station to the Park Pobedy station.
ZAO ASSOCIATION ENGEOCOM was founded in 1990. On the basis of ZAO Association ENGEOCOM, one of Russia’s biggest construction and industrial holding company’s was set up, combining more than 40 enterprises with an extensive portfolio of successfully implemented projects both within the Russian Federation and abroad. A branch of the company operates in Sochi.
The activities of the Group companies today cover the most diverse spheres: building of roads and flyovers, tunnels and metro stations, airports and major sports facilities, housing, retail, office and multifunctional complexes, as well as industrial production, investment and real estate management.