The Russian largest pipe trader will be closed

A. and B. Rotenbergs leave the trading business on pipes supplies for the pipeline construction where Gazprom acted as the customer. The businessmen decided to close their company North European Pipe Project (CETP) that gained net profit of 27 billion rubles in 2008-2012, a source in a pipe company claims. The news was confirmed by the representative of the Rotenbergs. The shareholders decided to focus on other types of the business, in particular the infrastructure construction represented by Stroygazmontazh company.

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