The construction of Europe Trade and Business Center is no longer as speedy as it once used to be, PRED Group’s General Director Vyacheslav Talashmanov said in the interview he gave to Yekaterinburg magazine.

The building is currently being put up right in the heart of Yekaterinburg in Vainer St.-Lenin Ave.-Uritskiy St. and PRED Group is actually the project’s management company.

Vyacheslav Talashmanov says the construction process started to drag on because the new concept of the shopping area has been introduced.

‘The decision to change some things about the shopping zone was made in July 2008. The new concept is different in that we now want to focus on the premium class segment rather than the middle plus one, which means a lot more time and money is needed. For one, a modified engineering infrastructure is needed as well as a more powerful air conditioning system. All this means the center will take a little longer to pay off,’ he says.

In his interview, the business executive also explained that the center’s business quarters would start operating in January 2009, while the shopping zone would only be opened in the second quarter of 2009.