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Annual average rate of 2007:
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Currencies exchange rates (as of 11.06.2010): 
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1 EUR (€)          = 38.0217 rub.

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City-Voronezh recreational service center on the raised beach territory in the vicinity of the Budionny riverfront avenue.

Short overview
Project description
The project envisions construction of City-Voronezh on an area of 29 hectares. Development of raised beach territories in the area of the Voronezh water reservoir with simultaneous improvement of the reservoir condition through its deepening is one of the possible solutions to the problem of the shortage of vacant lots for public and residential buildings and recreational territories. The following facilities are planned as part of City-Voronezh: a mixed-use shopping & entertainment center, business center, exhibition center, hotel complex, aquapark, sports and fitness complex, residential complex, administrative building, and yacht club.
Unique features of the project
The development area is located centrally in the administrative center of Voronezh.
Estimated cost of the investment project (Euros)
500 000 000
Shareholders' own resources (%)
Borrowed resources (%)
Availability of design estimates (yes or no)
Company name
Reconstruction and Development Agency Ltd, SAN Financial and Industrial Corporation
Type of the project
Real Estate. Construction

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