Hotel Lotte Co., a South Korean brand, is going to build a five star hotel in Sochi, the press service of the Krasnodar Territory Administration reported.
The management of the KLAAS plant in Krasnodar decided to invest more RUB 270 million in the development of the plant. Earlier it was expected to invest RUB 680 million rubles as part of the investment program.
Labinsk saw the completion of phase one of the setup of manufacture of plant-based beverages under the Alpro (Danone) brand, the press office of regional administration reports. The project investment stands at RUB 1 bn.
Maersk started to operate at its own container terminal at harbor in Novorossiysk. Maersk Eastern Europe told SeaNews that the terminal was purchased by Maersk Property Holding from Terminal A LLC. The purchase and sale agreement was signed in July of this year, at the same time the terminal started its operations under the control of Maersk.
Decathlon, a company producing and selling sports articles, will invest about RUB 800 million in a new hypermarket opening in Sochi, according to the media office of the Krasnodar Krai Administration.
Novorossiysk industrial zone will host an Audi car factory, Igor Dyachenko, the Mayor of Novorossiysk, posted on his Instagram page.