Dunham-Bush Board of Directors approved opening of an office in the Russian Federation. Dunham-Bush opened an office in Moscow (Москва) and will register a wholly owned subsidiary in Krasnodar (Краснодар). Dunham-Bush Russia will concentrate on supply of HVAC equipment and provision of related services to its customers in Russia and CIS countries.

Mr. Vasily Shabaldin (Василий Шабалдин) has been appointed as a Managing Director for Dunham-Bush Russia/CIS. Mr Shabaldin brings many years of experience in the construction area and turnkey projects in Russia and will lead Dunham-Bush Russia to a successful future.