The Resorts of the North Caucasus Company will be taken under the
management of the Kavkazskiye Mineralniye Vody, which will be turned
into "Russian Karlovy Vary", Yuga.ru reports.
The Resorts of the North Caucasus is constructing 5 ski resorts in
Adygeya, Kabardino-Balkaria, Karachay-Cherkessia, North Ossetia and
Dagestan. It is also constructing a beach resort in Dagestan.
Kommersant paper said that the company will take management of resorts
in the Stavropol Territory, in Koslovodsk, Yessentuki, Pyatigorsk and
Zheleznovodsk.
Ahmed Bilialov, head of the Resorts of the North Caucasus and
Vice-Speaker of the Legislative Assembly of Krasnodar Territory, said
that they will build an analogue of the Karlovy Vary in the Czech
Republic, a popular resort.