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Svyaz-Bank wants debt to be repaid with property
2010-03-06
The Svyaz-Bank has demanded that an office complex in the centre of Moscow be used by Borodino Development to repay a loan.
The developer borrowed €5m from the bank to finance the completion of the 15,000 m2 complex, which was used as security for the loan. The asset is thought to be worth €42-75m, which is significantly more than the debt.
Borodino Development is currently negotiating a settlement with the bank and hopes to keep the centre.
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Covering Central and Eastern Europe, Central Europe Retail Online is PMR's news service for the latest retail-related events in the region. With articles about the Czech Republic, Hungary, Poland, Romania and Slovakia, the scope of this service is unmatched. Approximately 150 updates each month and an archive from 2004 drive the content. Custom newsletters can be sent to subscribers e-mail accounts, with e-mail alerts on the latest developments. Data sheets for each country are available for quick reference.
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Central Europe Pharma Online provides news, articles and market data on the pharmaceutical market in Bulgaria, Czech Republic, Hungary, Romania, Poland and Slovakia, from manufacturers and distributors to medical devices and research developments. Over 70 industry updates, covering manufacturers and distributors, medical news and research developments, together with news on laws and regulations governing the pharmaceutical sector are added on a regular basis. For timely news delivery, custom newsletters can be sent directly to your e-mail account, with content personalisation.
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Central Europe Construction Online is the authoritative source of market intelligence for construction professionals. Reporting on news from the Central Europe construction market and countries like Poland, the Czech Republic, Hungary, Slovakia, Romania and Bulgaria, this news service offers reliable and up-to-date source of news, articles and statistical market data. It covers a great variety of topics including contractors & developers, building materials, new residential, non-residential and civil engineering investments.
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CEE IT & Telecoms Online is a new online resource for the ICT industry in the Central & Eastern Europe region providing IT and telecommunications news, articles and market data on the Czech Republic, Hungary, Romania, Poland and Russia. In the service you will find the most vital information covering the main ICT subsectors: mobile telephony, fixed-line telephony, ISP & Multimedia, IT, E-commerce, along with laws and regulations issues in the ICT sector.
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Central Europe Retail Update is an English language weekly newsletter which contains the most reliable and up-to-date overview of the news from the retail industry in Romania, Czech Republic, Hungary, Poland and Slovakia, supplied and verified by market analysts from the respective countries. The newsletter is delivered by e-mail in PDF format.
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Central Europe Pharma News is a bi-weekly newsletter delivered in PDF format directly to your inbox. Each edition of the newsletter delivers news and analysis of the pharmaceutical sector in Bulgaria, Czech Republic, Hungary, Romania, Poland and Slovakia, including an in-depth feature on the pharmaceutical industry in the Central & Eastern Europe region written by PMR market analysts. A list of upcoming events relevant to the region and a company index are included in every issue.
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PMR offers a newsletter combining information from construction sector in Central Europe (Poland, Czech Republic, Slovakia, Hungary, Bulgaria and Romania).
Each bi-weekly newsletter delivers key market news and just-released statistical data.
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