Skip to main content

Transstroy receives loan for Sochi route

Construction company Transstroy has taken out a loan of US$128 million from the Bank of Moscow for construction of a relief road for Kurortny Prospect in Sochi, Russia, from the M-27 federal highway Dzhubga-Sochi.
February 29, 2012 Read time: 1 min
Construction company 3382 Transstroy has taken out a loan of US$128 million from the Bank of Moscow for construction of a relief road for Kurortny Prospect in Sochi, Russia, from the M-27 federal highway Dzhubga-Sochi.

Extensive road works are taking place in the Black Sea resort in preparation for its hosting of the XXII Olympic Winter Games and XI Paralympic Winter Games in 2014.

For more information on companies in this article

Related Content

  • Moscow-Kazan highway plans
    June 17, 2020
    The Moscow-Kazan highway plans form part of the nation’s future economic recovery.
  • Special formwork for Moscow
    June 15, 2012
    Unusual staircase columns for pedestrian crossings outside Moscow required custom-made forms Every day the largest city in the largest country in the world is threatened with gridlock. The infrastructure of the present-day traffic system can no longer cope with the increased number of vehicles, and the urban administration of Moscow, Russia, resolved to upgrade the traffic arteries connecting the inner city to satellite towns. Greater Moscow (Oblast) has a population of over seven million, and to date
  • Improving a key route through Florida
    November 9, 2015
    Upgrading a key route through Florida – novel construction techniques are helping widen a road in difficult geological conditions – Lucio Garofalo reports. A major road widening project underway in Florida is due for completion soon. The work will improve an important section of road, reducing congestion at peak period and cutting travel times for drivers. The US 331/SR83 highway runs for some 79km and provides an important link in Florida’s Panhandle area, as it connects with Route 98.
  • Brazil in transport spend fast lane
    April 27, 2012
    The Brazilian Government has announced a US$17.01billion package for new mobility and public transport infrastructure. The huge investment includes the construction of 200km of underground and light tramway lines and more than 600km of new bus lanes. The programme of works, titled 'PAC Mobilidade Urbana Grandes Cidades', is set to benefit people in 51 cities and the metropolitan areas of 18 states.