Stroytransgaz OAO: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Stroytransgaz OAO to Buy 25% of Gorkapstroy-Interfax
Interfax reported that Stroytransgaz OAO and Gorkapstroy have signed an agreement setting out the framework conditions for cooperation in the design and implementation of technical supervision for facility construction, the Company said in a press release. According to this document, Stroytransgaz OAO will acquire a 25% stake in a special purpose vehicle (SPV) that owns 100% in Gorkapstroy. In addition, the agreement envisages an option for further 25% participation in the SPV. Stroytransgaz OAO will be able to exercise the right to the option once two years are up from the moment it purchases the initial 25% and as long as the SPV is operating.
Latest Developments for Stroytransgaz OAO
- Stroytransgaz OAO to Close Branch in Saint Petersburg; to Sell 100% in Stroytransgaz OOO to STG Holdings Limited-SKRIN
- Stroytransgaz OAO Receives RUB 8 Billion Credit from Bank of Moscow-Interfax
- Stroytransgaz OAO and CJSC Stroyputinvest Agree to Cooperate, Stroytransgaz OAO Buys 25% Plus 1 Share of CJSC Stroyputinvest-SKRIN
- Stroytransgaz OAO Builds First Compressor Station in Greece-Interfax
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