Sberbank to co-finance DreamWorks Park in Yekaterinburg

9 June 2014 (13:20)

June 9, 2014. Sberbank is going to finance the construction of an indoor theme park in Yekaterinburg - a project run by Regions Group. The said company and Sberbank CIB signed an agreement recently that says the amount of investment into the project (and a number of others) will run to over 61bn RUR, Regions Group's press service reports.

'The agreement provides for strategic cooperation between the two companies along a wide spectrum of financial products and services, including financing Regions Group's investment program for 2014-2017. The total amount of investment is expected to exceed 61bn RUR,' the message says.

The investment program comprises projects on the construction of June, multi-purpose shopping and entertainment centers with DreamWorks, indoor theme parks. Yekaterinburg will get a facility that will be 270,000 sq m big, the one in Saint Petersburg will be 170,000 sq m big, and the area of the one in Moscow will come to 240,000 sq m.

The theme park in Yekaterinburg will probably be put up next to Polevskoy Tract.

The company management had a meeting with Governor of Sverdlovsk Region Evgeny Kuivashev in September 2013. The two parties then discussed the issue of connecting the facility to all the engineering infrastructures. The proposed start of the construction process was then set for the summer of 2014.


Other materials on the topic::