ETALON GROUP PLC

Description

Founded in 1987, Etalon Group Plc, which was formerly known as Etalon Group Limited, is a real estate and construction company with its base in Nicosia, Cyprus. The company is the engaged in the business of real estate, development and construction and has become one of the Russia’s largest and longest-established development and construction corporations. The company’s nationwide sales and marketing network covers 58 Russian cities. The company has five sales offices in Moscow and St Petersburg, and 14 across the country. The company acquired 51% of the shares of Leader-Invest in 2019. Leader-Invest is one of the Moscow’s largest residential developers in terms of the number of projects and land bank.

The company operates in three segments: Residential Development, Construction Services, and Other Operations. The company’s principal activity is residential development with the focus on middle class residential real estate in Moscow metropolitan area and Saint-Petersburg metropolitan area, the Russian Federation, where it operates through its subsidiaries namely Etalon LenSpetsSMU and Etalon Invest. The company has an excellent and longest successful track record in the Russian real estate industry. The company has various subsidiaries including CJSC GK Etalon, LLC Etalon-Invest, CJSC TSUN LenSpetsSMU, LLC SPM-Zhilstroy, LLC EtalonAktiv, CJSC LenSpetsSMU-Reconstruktsiya, CJSC SSMO LenSpetsSMU, CJSC Zatonskoe and CJSC Novator.

The company’s residential development segment focuses on the construction of residential real estate including built-in premises, parking places and. The company’s construction services segment focuses on providing the construction services for internal purpose and for third parties. The company’s other operations segment focuses on constructing standalone premises with the purpose of commercial use, selling of construction materials and various services associated to sale and servicing of premises. The company’s portfolio includes 23 projects, which are Galactica, Moscow Gates, House on Blyukhera, Petrovskiy Landmark, Etalon on the Neva, Botanica, Fusion, Samotsvety, Jubilee Estate, Tsar's Capital, Golden Bay, Swallow's Nest, Galant, Invigorating Spring, Molodezhny, Near Rostral Columns, New Constellation, Okhta House, Prestige, Rechnoy, Sea Cascade, Sea Façade and Talisman in Saint-Petersburg and 27 project in Moscow including Emerald Hills, Etalon City, Summer Garden, Silver Fountain, Normandy, Golden Star, Wings, Schastye v Lianozovo, Residence on Pokrovskiy Boulevard, Schastye na Sokole, and others.