Corporate news on “Kommersant FM” – Kommersant FM – Kommersant

“Donstroy” began to build a park in Ramenka. On the territory of 24 hectares the company sells three residential complexes – “Lights”, “River” and “Event”. The first phase of works will include the arrangement of the embankment and the arrangement of the promenade along the river Ramenka. The volume of investments will be more than 1 billion rubles. The design of the Event Park was carried out taking into account current world trends and modern requirements for public urban spaces. The concept was developed by the Wowhaus office, known for Gorky Park, the Krymskaya Embankment and the Muzeon.

AvtoVAZ sales fell 64 percent year-on-year in March, showed data from the Association of European Enterprises. In February, the annual drop in sales was 20%. Due to the lack of components, AvtoVAZ’s production facilities in Togliatti and Izhevsk spent a significant part of March idling. In March, the Renault Group announced the cessation of production at its Moscow plant and plans to review its participation in AvtoVAZ’s capital.

Chinese online fashion retailer Shein has reached a value of $ 100 billion. This was reported by The Wall Street Journal. There is no official confirmation of the information on the funding round. The company declined to comment. If the Chinese retailer is indeed valued at $ 100 billion, its capitalization will be greater than the capitalization of H&M and Inditex combined.

Elvira Parkinson

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