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| Deutsche Bank, Strabag enter joint venture for Russia & CIS  Deutsche Bank and Austrian construction giant Strabag announced the creation of a joint venture to develop large scale real estate and infrastructure projects in Russia & CIS. In addition to Deutsche Bank and Strabag, Dmitri Garkusha will be appointed General Director of the JV with the overall responsibility for day-to-day operations. The JV will pay particular attention to private public partnership approaches to realisation of infrastructure projects. Deutsche Bank will be primarily responsible for arranging the financing; Strabag will be in charge of the construction and development activities.write your comments about the article :: © 2007 Construction News :: home page |