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Home News Okhta Site to Be Sold, While St. Petersburg Risks 670M in Tax Revenue

Okhta Site to Be Sold, While St. Petersburg Risks 670M in Tax Revenue

Published on 24/01/2011

The St. Petersburg budget could lose about 20 billion rubles in taxes from Gazprom Neft if the company selects a site for its office complex in another region of Russia after the controversial Okhta Center skyscraper plan was scrapped.