Friday, July 20, 2007

Prokom targets 500 mln usd in Russian real estate deals

Ryszard Krauze, owner of Polish blue chip software integrator Prokom, said he expects his real estate development arm to up its investment in Russian markets to 500 mln usd this year if two major projects in Moscow come through.'Russia is facing a huge construction boom. In Moscow you can just see it, and it is also starting to happen in other cities,' Krauze told daily Gazeta Wyborcza in an interview.

Russian Properties News