NAZK said that CSCEC is implementing large investment projects in Russia. Its subsidiary, Kitaystroy, is one of the contractors for the Moscow City Business Centre, Baltic Pearl residential complex, Greenwood business park, Nevsky Centre Stockmann shopping mall, Tigre De Cristal casino, Federation Tower in Moscow City, and Huamin Business Centre Park.
They were also involved in the implementation of projects such as the Inner Plant economy, installation of mixed raw material pyrolysis in the Amur Gas chemical complex and the Museum complex, and the Theater-Educational Complex in the city of Vladivostok.
NAZK said that Kitaystroy is also working on expanding its presence in Russia, with plans to enter the housing construction market in Moscow, St. Petersburg, and Vladivostok. The company is working on securing new projects ranging from private homebuilding to industrial and infrastructure projects.
According to agreements with the Russian Ministry of Construction, Kitaystroy also intends to participate in the replacement of Western construction equipment with Chinese equivalents. In August 2022, the First Deputy Head of the Ministry of Construction of the Russian Federation, Alexander Lomakin, met with representatives of CSCEC in Moscow to discuss diversification of construction materials supply and agreed to cooperate.
“Unfortunately, despite the full-scale invasion of the terrorist state into Ukraine, CSCEC not only continues its operations in Russia, but also holds meetings with representatives of the Russian government to expand its presence in the construction market of Russia, which means supporting and sponsoring terrorism,” said the NAZK.
All companies included in the list of international sponsors of the war are added to the World-Check database created by the London Stock Exchange Group – a database of individuals and organizations with an increased risk, which is used worldwide to detect and manage financial, regulatory, and reputational risks.
NAZK has already added the companies Procter&Gamble, OpenWay Group, Danieli, TMS Tankers Ltd., Minerva Marine Inc., Thenamaris Ships Management, Delta Tankers Ltd., Dynacom Tankers Management Ltd., Leroy Merlin, ComNav Technology, Mondi Group/Mondi PLC, eKassir, Liberian International Ship & Corporate Registry, Bonduelle, Auchan Holding, Metro Cash & Carry, Buzzi Unicem, Yves Rocher, and Raiffeisen Bank International to the list of international sponsors of the war.
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