Russian oligarch's construction company leaves Moldova because of crisis

Austrian-German construction company Strabag recently announced that it will be suspending its activities in Chisinau, writes ECOnomist.

Strabag, one of whose major stockholders is Russian oligarch Oleg Deripaska, entered the Moldovan market in 2007.

Despite the company's low public visibility in Moldova, acting President Voronin awarded Strabag CEO Peter Haselsteiner with the Order of Honor on November 24, 2008, as a "sign of appreciation for special merits in implementing certain socio-economic projects and in intense sponsoring activities."