Russia's Federal Antimonopoly Service permitted Odregon Holding Limited to purchase 30% of the shares in JSC International Centre, the regulatory body informed.
As a result of this transaction, the Cypriot offshore will consolidate 100% of the shares in International Centre.
After due consideration, the competition authority decided to grant the application, seeing as the transaction applied for will not restrict competition.
The core business of JSC International Centre (Moscow) is the general construction of buildings and civil engineering.
Odregon Holding Limited (Cyprus) is engaged in investment activities.