Summa Group News, May 2014
News from the Summa Group, May 2014.
News from the Summa Group, May 2014.
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<strong>Summa</strong> <strong>News</strong> – <strong>May</strong> <strong>2014</strong><br />
Stroynovatsiya Wins Caucasus Highway Tender<br />
<strong>Summa</strong> <strong>Group</strong> subsidiary Stroynovatsiya has won a tender to build a new section of the<br />
M-29 Caucasus Highway in Russia, and reconstruct an existing section. Passing through<br />
the Kabardino-Balkaria territory, the project will construct a new 10km long section with<br />
two lanes in each direction.<br />
The section that will be reconstructed passes through Zalukokoazhe and Psyndakha of<br />
the Zolsky District. The reconstuction should be completed by the end of 2017. The<br />
tender, which is to the value of 3.92 billion RUB, was ordered by the North Caucasus<br />
Highway Administration.
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