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Roman Abramovich plans to redevelop Moscow's Gorky Park

The famous Stalin-era park on the banks of the Moskva River in central Moscow has fallen into serious disrepair since the 1991 collapse of the Soviet Union and is in urgent need of a revamp.

People familiar with the matter said that the 44-year-old oligarch, who Forbes magazine rated as Russia's ninth richest person earlier this year, was likely to help bankroll its redevelopment and that talks were in progress.

A close associate of Mr Abramovich's, MP Sergey Kapkov, was named the park's general director a few days ago and the oligarch's girlfriend, Dasha Zhukova, has already confirmed that she is moving her trendy Garage Centre for Contemporary Culture into a building in the park....

Read entire article at Telegraph (UK)