Business news from Ukraine

Business news from Ukraine

INTERNATIONAL DEVELOPMENT COMPANY CASPIAN SERVICE RESUMED ITS ACTIVITIES IN UKRAINE

The international development company Caspian Service has resumed its activities in Ukraine.
As the press service of the company reported, the activities of the Azerbaijani developer have been suspended since the beginning of the Russian invasion on February 24, 2022.
Already in early April, the Caspian Service team resumed work on the design of the second stage of construction of the BASA City residential complex and is actively studying the possibility of building the first and second stages of this complex in the suburbs of the capital.
Currently, the construction site of the project is under guard, the CEO and management of the company continue to stay and work in Kyiv, and the team members temporarily evacuated plan to return to their workplaces in the coming weeks.
The release notes that since the outbreak of hostilities, the company has suspended claims for regular installment payments for a period of three months.
Founded in 2001, the construction company Caspian Service is one of the leaders in the construction industry in Azerbaijan. Over the years of work, more than 1 million square meters have been built and put into operation in Azerbaijan. real estate (housing, offices, shopping centers, sports complexes, medical clinics, etc.). Develops projects in Ukraine, Kazakhstan, Georgia and other countries.