Stroytransgaz to pull out of running for Kerch Bridge project

Stroytransgaz (STG), the Russian civil engineering and construction company owned by Putin ally Gennady Timchenko, is believed  to about to pull out for the running for the contract to build a bridge across the Kerch Strait separating Crimea from the Russian mainland, claiming that the project represents too much of a commercial risk. The 19km crossing is scheduled to be completed by 20118 Strait Bridge to be built until 2018.