ST.-PETERSBURG WILL HOLD COMMERCIAL COMPETITION ON SALE 60
ST.-PETERSBURG WILL HOLD COMMERCIAL COMPETITION ON SALE 60
PERCENTS OF ACTIONS OF HOTEL "MOSCOW" ON OCTOBER, 7TH.
St.-Petersburg, on August, 10th. A/PRIME-TASS/. Fund
Property of St.-Petersburg will hold commercial competition
On sale of actions of Open Society of 60 percents "Hotel Moscow" 7
October. The starting price is defined in 9,5 million dollars About
It have informed the PRIME-TASS on Monday in city fund
Property.
On competition conditions, the winner of the auctions should
To invest 15 million doll in repair of a facade, engineering
Networks and lifts, re-equipment of numbers and restaurants,
To create in hotel a business centre, to organise and
To arrange well parking place. It is necessary to save 80 percents
From 770 numbers of hotel to provide in 2000 g average
The income from number not less than 35 doll a day, and also
The relation of taxable profit to a gain from
Realisations not less than 20 percents
To 2001 g the hotel should get the status 3
Star hotel according to the international
Standards.
The hotel is calculated on 1476 places.
Ustavnyj "Hotel Moscow" makes Open Society capital
737789100 rbl. of actions of 100 percents were in the property
Petersburg KUGI. Now 10 percents take places on
To the closed subscription/5 the percents of actions of hotel already have got
Labour collective/, 60 percents will be exposed on
Commercial konkurs. - 0 - dk/ve/sbg
//* an information Source: the Prime-TASS (vecher.vyp), 10.08.98
//* Reg. Nom. - 1080800077.41-------------------------------------------
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