IFC Metropol acted as a contractor of OJCS “GAO Moskva”, arranging seminars, conferences, round tables and workshops in connection with the development of tourist and travelers area “Golden Ring”. IFC Metropol won the tender among the contractors to develop “Golden Ring” area, organized in February 2003

OJCS “GAO Moskva” was formed in 1994 following the decision of Moscow Government to promote the hotel business in Moscow. OJCS “GAO Moskva” is 100% owned by Moscow Government. Its main functions are promotion of tourist and hotel business in Moscow and management of Moscow hotels’ stocks. OJCS “GAO Moskva” holds major (including controlling) stakes in Moscow hotels.