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Pskov Resort No Holiday for German Investor.

Europe Intelligence Wire

| July 02, 2008 | COPYRIGHT 2008 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From The Moscow Times)

SPITSINO, Pskov Region -- Heiner Berr was inspired to start a resort on Chudskoye Lake, a sprawling body of water in northwest Russia, when a local official showed him the site and promised to support the project.

"Very naively, we agreed and started," the German businessman said in an interview. "In the first years, there was only trouble."

Sitting in a wooden cabin, Berr described how he turned a beautiful but barren stretch of land into a European-style resort called Chudskoye Podvorye, which now has 43 cabins amid a landscape of sand dunes and forests.

Located 250 kilometers southwest of St. Petersburg, ...

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Pskov
Reference information from: Webster's NewWorld Dictionary January 1, 1988 700+ words
Webster's NewWorld Dictionary 01-01-1988 Pskov (pskof) 1. lake in W European Russia, connected with Chudskoye Lake by a strait: see Chudskoye, Lake 2. city near the SE end of this lake: pop. 194,000 Copyright 1994, 1991, 1988 Simon & Schuster, Inc.
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