Infra Engineering seeking external contractor

According to Kommersant (2 February 2012) in an article entitled  Infra looking for an investor, Rostelecom’s main contractor Infra Engineering may sell a 25 per cent interest to a strategic investor. As part of the plans for change, it has been rumoured that the company’s president Sergei Ogorodnov could be replaced by the former head of Rostelecom’s Siberian branch Ivan Dadykin.

Possible buyers include Hochtief and Gazprombank.

In 2010 Infra Engineering secured contracts worth RUB 9.3 billion from Svyazinvest subsidiaries that have been consolidated in Rostelecom.

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