On 14 November, 2016 Pavel Te was elected the Chairman of the Board of Directors of Capital Group.
In his new capacity, Pavel Te will be responsible for strategic development, formation of portfolio of prospect sites under the future projects of the company, relations with the strategic partners, as well as to implement the representative function in the governmental authorities on federal and capital level.
“The company has the task to work out and to implement the development strategy in the current economic situation and in the low-market conditions. Over the last two years we have been actively invested in prospective sites and we are intended to form the pool of sites for further development of the company minimum for the next 10 years. As well as it is necessary to work out and to perform the complex of measures allowing in the current economic conditions to guarantee the consistently high quality of construction proper to Capital Group, both during performance of the own projects and the projects with the strategic partners”, – declared Pavel Te.
He noted that the high-priority task of the company is the focus on three strategic sites. The first task is the high-end complex on Sofiyskaya embankment opposite the Kremlin, the project includes restoration of the historical detached house and the new construction. The second task is three skyscrapers on Krasnopresnenskaya embankment which are planned to build in the time record-breaking for high-rise construction. The third task is the large-scale project of premium-class on Tarasa Shevchenko embankment in the territory of Badaevskiy brewing plant, which includes both the reconstruction and the new construction.For reference: