LSR Group

LSR Group (Russian: ОАО "Группа ЛСР"), is a Russian real estate development, construction and building materials company, one of the leaders in the real estate and building materials in Russia. The company is headquartered in St. Petersburg. The total number of employees is about 11,000 people (2019).

OJSC LSR Group
Native name
ПАО "Группа ЛСР"
TypePublic (ПAO)
MCX: LSRG
LSE: LSRG
IndustryConstruction
Founded1993 (1993)
Headquarters,
Key people
Dmitri Gontcharov (Chairman of the Board)
Andrey Molchanov(CEO)
ProductsBuilding materials, Real estate development, Construction
Revenue$1.63 billion[1] (2020)
$314 million[1] (2020)
$166 million[1] (2020)
Total assets$3.9 billion[1] (2020)
Number of employees
14,500 (2018)
Websitewww.lsrgroup.ru

History

The company was founded in 1993. The company's name derives from LenStroyRekonstruktsiya.

LSR Group is an open joint stock company, and is a 100% owner of its major subsidiaries and companies.

In November 2007 the company offered 12.5% of its share capital for trading at the London Stock Exchange and MICEX through IPO having raised US$772 million. After the offering, the company's market capitalization amounted to $6.8 billion.

In April 2010 the company offered 10% of its share capital for trading at the London Stock Exchange and MICEX through SPO having raised US$398.1 million (including expenses for the offering).

References

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