License for execution of construction and installation works

On 12.07.2012 to the Russian branch of ELTE Engineering was issued an official license for execution of construction works on the territory of the Russian federation by the local construction chamber. The document authorizes OOO ELTE Engineering to complete construction and installation works as a main contractor. 

The new company will start its activities with the implementation of "Tula Industrial Park", for which it has signed a contract for construction of the infrastructure of the industrial zone, occupying over 700 decares, and complete construction of the satelite residential village for 12 000 inhabitants, occupying 686 decares.