OREANDA-NEWS  On 27 February was announced, that Rosa Khutor Company, Sochi National Park and Krasnodar Department of the federal property management agency "Rosimushchestvo" signed an amicable settlement regarding the land plot for the construction site of the Rosa Khutor alpine ski resort.

The parties will shortly settle all formal issues, receive an approval of this settlement by the arbitration court and sign a new rental contract.

In winter period the work pace inevitably slows down, nevertheless Olympic facilities at the Rosa Khutor resort were constructed ahead of schedule and thus the forced standby will not affect the progress chart and all construction work will be completed on time.