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Company news

30/08/10   OJSC Mostotrest completes implementation of solution support system using sap software
OJSC Mostotrest, one of the leading Russian companies in transport infrastructure projects construction, and SAP, the world’s leading provider of programme solutions for business management, announce the implementation of an information system using SAP BusinessObjects software. CJSC Tern acted as contractor.
26/08/10   OJSC Mostotrest completes first stage of Adler-alpica combined road at Sochi

The first six kilometers of the combined motorway and railway between the town of Adler and the Alpika-Service mountain resort have been completed in Sochi. As part of the first stage of the project, Mostotrest has built three automobile bridges with a total length of 1,245 meters. The project has been commissioned by DCRC Sochi (Direction for the Complex Reconstruction of the Railways and Construction of Railway Infrastructure) and Direction for the Complex Construction of the North Caucasus Railway, branch of OJSC Russian Railways. The general contractor is LLC Transyuzhstroy Management Company.

07/07/10   OJSC Mostotrest completes construction of transit flyover in Moscow-city business district
Open Joint Stock Company Mostotrest has completed the construction of a flyover at the Third Moscow Ringroad – an important infrastructure facility for the Moscow-City International Business District.
06/07/10   Mostotrest completes reconstruction of Krestovsky overpasses, a key moscow interchange
Open Joint Stock Company Mostotrest (“Mostotrest”), one of Russia’s leading transport infrastructure companies, today announces the completion of its RUR 3.57 billion project (around 114 million dollars) to reconstruct the Krestovsky overpasses over the Moscow and Oktyabrskaya railways at Prospect Mira, Moscow, one of the key urban routes linking Yaroslavskoye highway with the centre of Moscow.
05/07/10   Mikhail Abyzov elected Mostotrest’s chairman of Board of Directors
On 5 July OJSC Mostotrest held a meeting of the Board of Directors in Moscow. At the meeting Mostotrest’s Board of Directors unanimously elected Mikhail Abyzov Chairman of the Board, Maria Zhurba Deputy Chairman of the Board and Gennady Bogatyryov Corporate Secretary.
05/07/10   OJSC Mostotrest held annual general shareholder meeting

On 30 June 2010 Open Joint Stock Company Mostotrest («Mostotrest») held their Annual General Shareholder Meeting in Moscow headed by Deputy Chairman of the Board of Directors Maria Zhurba. All items on the agenda were approved:

02/07/10   Mostotrest commences new project to upgrade moscow river bridge at Ilyinskoe
Mostootryad-114, a branch of Open Joint Stock Company Mostotrest (“Mostotrest”) has today commenced a new project for the comprehensive repair and upgrading of the bridge over the Moscow River on the A106 highway between the Rublevo-Uspenskoe and Ilyinskoe highways near Moscow. The Federal State Enterprise Centrautomagistral is the client for the project, the contract value of which exceeds RUR 665 million (approx US $24 million). The planned completion date of the project is June 2011.
23/06/10   Mostotrest becomes controlling shareholder of LLC INZHTRANSSTROY CORPORATION

Open Joint Stock Company Mostotrest («Mostotrest»), a leading transport infrastructure construction and development company in Russia, announces today that it has acquired an additional 1% of the share capital of LLC Inzhtransstroy Corporation, becoming the controlling shareholder with 51% of the share capital of the company. Mostotrest previously announced its acquisition of 50% of the company’s share capital on 1 June 2010.

01/06/10   Mostotrest completes acquisitions of 50% of LLC INZHTRANSSTROY CORPORATION and 50.1% of LLC TRANSSTROYMEKHANISATSIA
Acquisitions allow Mostotrest to expand significantly its geographic reach and diversification into closely related segments of Russia’s infrastructure development market.
20/05/10   Mostotrest announces strong financial results for 2009
Open Joint Stock Company Mostotrest, a leading transport infrastructure construction and development company in Russia, today publishes its financial results in accordance with Russian Accounting Standards for the year ending 31 December 2009.

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