PIK Group picks up Russian design firm

By A staff reporter 2007-08-13T00:00:00

Russian residential real estate developer PIK Group has announced that it has acquired a majority stake in architectural design firm Novorosgragdanproekt for $6 mln (EUR 4.4 mln). PIK says that the firm is a leader in its field in the Krasnodar region, whose southern border is formed by the Black ...

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