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Keller wins major Moscow foundations contract

Keller is to start construction work on a major diaphragm wall contract in Moscow following award of a RUB1.6bn (£35M) contract by Russian development and construction company LSR Group.

Work on Keller’s largest ever contract in Russia involves construction of 17,000m2 of diaphragm walls and foundation slab for the 46,000m2 residential complex located in Serpukhovsky Val Street in central Moscow. The work is expected to take a year to complete.

“This award comes on the back of several smaller contacts in Russia completed by Keller in recent years, including the foundations for the ice rink in Sochi for the 2014 Winter Olympics,” said Keller chief executive Justin Atkinson. “It is encouraging to see our business gaining traction in this growing market.”

Keller will call on expertise from its Polish operation to deliver the work for the development, which is formed from several multi-storey buildings that will be constructed above a shared, two level underground parking area for up to 1,800 vehicles. In addition to forming the diaphgram walls and foundation slab, Keller will also be responsible for providing excavation support together with the associated strutting, earthworks and dewatering.

“The construction of complete excavation pits is a good example of how we continue to broaden the range of services we offer to meet our customers’ total foundation requirements,” added Atkinson. “This contract win also illustrates the success of our strategic initiative to increase our exposure to major projects.”

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