Functional currency of SRV’s real-estate companies in Russia changes to the rouble
SRV GROUP PLC STOCK EXCHANGE RELEASE 2 SEPTEMBER 2016, AT 09.00 AMFunctional currency of SRV’s real-estate companies in Russia changes to the rouble The functional currency of SRV’s real-estate companies in Russia changed from the euro to the rouble on 1 September 2016. The change concerns SRV’s real-estate business subsidiaries and associated companies operating in Russia whose functional currency to date has been the euro. In its interim report for 1 January – 30 June 2016, SRV stated that the challenges of the Russia economy have lasted longer than