ROEL Group might buy Noviy Grad
18 April 2008 (09:07)
ROEL Group has announced recently that they might actually buy Noviy Grad’s assets. Lev Tretyakov, CEO ROEL Asset Management (part of ROEL Group), says they have been considering the idea for a while now.
‘It’s early times yet to speak of the details of the prospective transaction; we are currently at the negotiations stage, and the decision will probably be taken soon,’ he adds.
Right to a Dwelling, one of the local NGOs, reported earlier that ROEL Group that deals in resuscitation of dying businesses among other things might actually buy the assets of Yekaterinburg’s bankrupt developer.
‘It’s early times yet to speak of the details of the prospective transaction; we are currently at the negotiations stage, and the decision will probably be taken soon,’ he adds.
Right to a Dwelling, one of the local NGOs, reported earlier that ROEL Group that deals in resuscitation of dying businesses among other things might actually buy the assets of Yekaterinburg’s bankrupt developer.
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Other materials on the topic::
- Noviy Grad still hasn’t finished building at 72 Khokhryakov St.
- Yekaterinburg Consumer Rights Committee gets complaints regarding Noviy Grad
- Noviy Grad’s problems stem from its own dishonesty, Right to a Dwelling claims
- CEO of Sverdlovsk Region Union of Builders tries to persuade union members to invest in insolvent Noviy Grad
- Russian Federation Ministry of Regional Development considers our claim regarding Noviy Grad, reports Right to a Dwelling