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The company OMZ-Spetsstal has managed to bring down the cost of 27 hectares of former industrial land in Kolpino.

Before SIG’s reevaluation the evaluation stood at 50,7 million the arbitration court upheld SIG’s independent evaluation of rur 78,8 million, ruling in favor of the claimant.

A legal dispute still remains with regard to a 7 hectare plot, owned by CJSC 'First Furniture Factory': the company hopes to reduce the cost of the plot by 40%.


Dmitry Sinochkin

Weekly newspaper “Real Estate and Construction of Petersburg”, № 35(823) 01.09.2014, c.15

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