Date: Wed, 31 Dec 1997 21:06:35 GMT Server: BESTWWWD/2.1 MIME-version: 1.0 Content-Type: text/html Content-Length: 2925 Last-modified: Thu, 29 May 1997 21:16:22 GMT Accept-Ranges: bytes
The law firm of Roger H. Madon, P.C. has done it again. Except this time it has put together two of the finest teams, American and Russian, to develop the largest cargo airport in the Federation of Russia or the entire former Soviet Union, for that matter.
The Airis Development Group, Inc. has signed a Memorandum of Intent with the Leningrad Oblast Administration on May 14, 1996 in St. Petersburg to construct a new cargo airport near Vyborg, Leningrad Oblast. Airis will be in charge of preparing the documentation and attracting investors for the construction of the planned $300 million Veshchevo airport, to be located at the former military airport, in the village of Veshchevo on the Karelian Isthmus. Roger H. Madon, P.C., headed up by Roger H. Madon, with its American partner, New Star United, Inc., introduced the parties and then navigated them to the agreement table. Roger Madon, after learning of the successful outcome from his Park Avenue office in New York City said, "When the human ingredients are right, success is inevitable. As soon as we obtained the right to seek partners for the project we got to work immediately. Within three weeks we put the group together. It took us no more than three months to obtain the MOI. Since the 1991 coup the firm has been successfully representing Russian firms and American firms desiring to do business in Russia and the NIS."
The oblast administration plans for the new cargo airport to be fully operation within 2 and a half years. Valory Gudin, general director of the Leningrad Oblast-created enterprise that will oversee the airport's construction and operation, said he believed Veshchevo will turn over $29 million daily and transfer about 450,000 tonnes of cargo a year. (See The St. Petersburg Times, May 16, 1997, for more information about the project.)
Roger H. Madon, P.C. provides its worldwide clientele with opportunities for investment in Russia and the NIS. It makes certain that both the American and Russian partners are principled and far sighted. As Roger Madon has said on numerous occasions, "We not only do the introductions, we make certain both sides know and understand each other. We only have one goal, success, joined with integrity and vision."
Roger H. Madon, P.C.'s client list extends from a Russian automobile company to one of the most prestigious auditing firms in the NIS. Its clients are located throughout Russia, Kazakhstan, Kirgystan, Ukraine and Turkmenistan.