Roads built for the Olympics at any cost

Nedvizhimost02-12-2008 Roads built for the Olympics at any cost liquidity crisis is not the most favorable effect on Russian road construction companies. Many projects had to close due to lack of funding and orders. However, the road being built in preparation for the Olympic Games in Sochi, feel quite confident. As recognized representatives of road construction companies, construction projects of local roads have increasingly come to freeze. The reason for the serious deterioration of the frontal - the combination of the three negative factors. Sharply deteriorated conditions and availability of bank credit. Decreased investaktivnost and volume of construction works (construction slowdown started in the first half). On world markets prices have dropped significantly, and decreased demand for most major Russian export commodities. According to a representative of the regional company Odintsovskaya DRSU Dmitry Altukhova, funding for road construction is now virtually no walks, and order volume started declining since the mid-summer.