4 Mar 2022 12:28

Swedish developer Bonava ceases operations in Russia

ST. PETERSBURG. March 4 (Interfax) - Swedish Developer Bonava has officially terminated its activities in Russia, according to the company's press service.

"Bonava does not see any long-term conditions for housing construction in St. Petersburg. Therefore, the developer plans to draw up an action plan soon for responsibly completing current production," the press service said.