Near "Father Frost's Ancestral lands" there can be a large recreational complex

The project in Veliky Ustyug will manage to structure PUBLIC JOINT-STOCK COMPANY JOINT-STOCK FINANCIAL CORPORATION "SISTEMA" in 2-4 billion rubles Entering in PUBLIC JOINT-STOCK COMPANY JOINT-STOCK FINANCIAL CORPORATION "SISTEMA" the hotel company Cosmos Hotel Group (CHG) plans to construct near operating with "Father Frost's Ancestral lands" in Veliky Ustyug to Vologda Region a large recreational complex. As the representative of CHG told daily business newspaper "Vedomosti", in the territory with a total area of 87 hectares it intends to build hotel and a chalet to 200 numbers, and also an amusement park, a Spa complexes and so forth. Now the complex is in a design stage and coordination of documentation, object parameters in study, he specified. Investments in...