Several development companies, in particular, DSK-1, M-Industria, Snegiri and PIK announced that they would start using conditional units on February 1 in settlements with their customers. Don-Stroy is going to keep the same prices in roubles until February 15.
To reduce their foreign currency risks, development companies start converting apartment price tags into conditional units (C.U.). Under conditions of the galloping rouble devaluation developers will peg the cost of square meter to the dual currency basket.
UN-HABITAT on Monday announced the winners of its 2010 Scroll of Honour, the UN's most prestigious award in human settlements development.
The 20th session session of the annual World Water Week opened on Monday to examine the theme, "The Water Quality Challenge – Prevention, Wise Use and Abatement".
President Obama has unveiled an expensive plan to re-build America and beat the recession. On the back of more gloomy jobs figures, the president wants to spend the equivalent of around 40 billion euros over six years to re-vamp the US’s ageing, roads, railways and airports.
The strategy for the North Caucasian federal district development until 2025 will be approved on Monday, Prime Minister Vladimir Putin told a meeting on the region’s social and economic development.
The material on this site can be used only with "Construction World" hyperlink. info@stroi.ru