OREANDA-NEWS. August 25, 2009. The construction has already been started by Stroi International, the current contractor. The building’s foundation is already in place. According to the agreement, the investor is free to continue his relationship with the contractor. At the moment, the companies, along with SC Olimpstoy, are negotiating their potential cooperation.

According to Slavoblast’s General Director Sergei Slinchuk, this is ultimately a landmark project that will bring the company to entirely new heights.

Slavoblast plans to hire foreign consultants and employees to work on the project. Slinchuk also mentioned, the company is in the middle of talks with the Western design companies that can boast of immense experience in the design and construction of Olympic sites.

According to SC Olimpstroy’s President Taimuraz Bolloyev, “the corporation continues working hard to attract potential investors to the project that could be fully financially liable. This will allow cutting the costs of the Olympic construction and saving budget money.