Elbrus is an 18,510-foot dormant volcano and Europe’s highest peak.
From this winter, it will also be home to Europe’s highest aerial ski lift.
“People are killed all the time there … Who is going to go on vacation there?
“asked Vladimir Kantorovich, vice president of the Russian Association of Tour Operators.
And violence is not the only problem.
He was charged with embezzlement and has left the country.
Moscow started Northern Caucasus Resorts (NCR) with capital of 60 billion roubles ($1.93 billion).
Costs have ballooned as the project has grown.
Estimates reached $26 billion in January, from $15 billion in 2010.
Source:http://www.firsttracksonline.com/2015/10/06/russia-builds-europes-highest-ski-lift/
http://www.reuters.com/article/2013/04/28/us-russia-caucasus-elbrus-idUSBRE93R04Z20130428
