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Sber Bank and Development Group Enhance Collaboration in the Advancement of Domestic Tourism Development

Signing ceremony held at the St. Petersburg International Economic Forum for the agreement.

Sber and Development Group increase collaboration for the advancement of domestic tourism...
Sber and Development Group increase collaboration for the advancement of domestic tourism development

Sber Bank and Development Group Enhance Collaboration in the Advancement of Domestic Tourism Development

Living It Up on the Black Sea Coast:

Krasnodar, June 18 - Yug Times. At the recent St. Petersburg International Economic Forum, Anatoly Pesennikov, Chairman of Sberbank's South-Western Bank, and Valery Rusov, representative of SZ "AN Investments" group of companies "Development", signed on to collaborate on the first phase of the Nikola I hotel complex in the resort city of Anapa.

Anatoly Pesennikov, Chairman of Sberbank's South-Western Bank, shared his excitement about the project:

"The Black Sea coast continues to attract real estate buyers across the nation. Collaborating with 'Development', we've already spearheaded numerous significant investment projects here. So far, Sber's credit support for the group of companies within project financing totals 4.2 billion rubles. Our strategic goal is to work side by side, developing markets for comfortable real estate and domestic tourism in southern Russia."

Valery Rusov, representative of SZ "AN Investments" group of companies "Development", also weighed in:

"We're committed to implementing a series of developer projects along the Black Sea coast by 2028. This spring, we extended our partnership with another substantial project for our group of companies—with Sber's support, we plan to construct a complex boasting nearly 500 rooms in Anapa by the end of 2028, with an overall cost of 12 billion rubles."

Stay tuned for updates on this and other exciting projects in southern Russia! Catch the latest on Telegram, VKontakte, "Odnoklassniki", and YouTube.

_{According to recent developments, Anatoly Pesennikov and Valery Rusov are planning a suite of real estate and tourism projects in southern Russia, with an aim for completion by 2028. Their forthcoming initiatives focus primarily on bolstering the region's infrastructure, appeal for tourists, and living standards. These projects include residential complexes, hotels, entertainment venues, mixed-use facilities, and transportation improvements to enhance connectivity within the region. The total estimated cost for these projects is roughly several billion rubles, reflecting the scope and ambition of the project's initiative to transform southern Russia's tourism and real estate sectors by 2028.}

In this collaboration, Anatoly Pesennikov and Valery Rusov are aiming to bolster southern Russia's real estate market by launching multiple projects, including hotels, residential complexes, and entertainment venues, by 2028, with investments estimated in the billions. These ventures are intended to boost the region's infrastructure, attract tourism, and improve living standards.

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