2024-02-03 21:18:30
Rönesans Holding (“Renaissance Holding”), which was involved in the design and construction of many large facilities in Russia, posted press release announcing his departure from the country.
“Rönesans expects to end 2023 with revenue of 3.3 billion euros, an increase of 10% compared to 2022,” it said. — Rönesans has ceased its activities in Russia and is now focusing on an ambitious growth strategy around the world. The company is committed to investing in new markets and industries and leveraging its extensive experience in healthcare, energy transition and commercial construction.”
The company’s upcoming projects include a hospital in Kazakhstan, tunnels and an interchange in the Netherlands, and numerous projects inside Turkey.
“The group’s global presence now extends to various regions, including Turkey and the Netherlands, Germany and the CIS countries, with a growing focus on Kazakhstan and Turkmenistan,” the release said.
It is noted that the company sold its construction business in Russia in May 2022, and its real estate business in June 2023.
Renaissance Holding was created in St. Petersburg by Turkish engineer Erman Ylicak in 1993. He later recalled that this required the personal signature of Vladimir Putin, then the first deputy mayor.
Among the objects that the Turkish holding built were the Gallery and Lakhta Center shopping centers in St. Petersburg, Neva Towers and Federation in the Moscow International Business Center, as well as Dream Island.
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