“The sports Ministry sued for 1 billion rubles to the Builder of two stadiums for the 2018 world Cup

The Ministry of sports of the Russian Federation on Monday submitted to JSC Stroytransgaz (STG), two lawsuits totaling over $ 1 billion, according to the system of arbitration courts.

Third party claims are ANO “arena-2018” and FSUE “Sport-IN”.

In the files until there is guidance on the essence of the claims of the sports Ministry, said only that the lawsuit refers to the “Economic disputes in civil legal relations”.

Between JSC “STG” and the Ministry of sports in 2015 was signed two pins on the construction of the stadium for 45 thousand seats in Nizhny Novgorod, and the construction of a 45-thousand stadium in Volgograd. The total amount of these contracts 32,866 billion.

The theme of the cost of construction of stadiums for the 2018 world Cup has become acute even before the massive devaluation of the ruble. STG principal owner, Gennady Timchenko has repeatedly said that the company will not undertake unprofitable projects. STG as one of the possible measures of reducing the risks to contractors proposed changes to the structural decisions in the design documentation for both stadiums with a reduction in capacity from 45 to 35 thousand seats.

Leave a Reply

Your email address will not be published. Required fields are marked *