LSR Group

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OJSC LSR Group
Native name
ПАО "Группа ЛСР"
Company typePublic (ПAO)
MCX: LSRG
LSE: LSRG
IndustryConstruction
Founded1993; 32 years ago (1993)
Headquarters
Saint Petersburg
,
Russia
Key people
Dmitri Gontcharov (Chairman of the Board)
Andrey Molchanov(CEO)
ProductsBuilding materials, Real estate development, Construction
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Number of employees
14,500 (2018)
Websitewww.lsrgroup.ru

LSR Group (‹See Tfd›Russian: ОАО "Группа ЛСР") is a Russian real estate development, construction and building materials company. LSR Group is one of the leaders in the real estate and building materials in Russia. The company headquarter is located in St. Petersburg. In 2019, the total number of employees is about 11,000 people. As of 2008, the company embraced 24 subsidiaries.[1]

History

The company was founded in 1993 by a Russian entrepreneur Andrey Molchanov. The company's name derives from LenStroyRekonstruktsiya.[1]

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.[2]

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).

In 2021, the company left the London Stock Exchange because of its low market liquidity.[3][4]

In 2022, the company's revenue amounted to 13 billion rubles.[5]

References

  1. ^ 1.0 1.1 Александра Конфисахор, Михаил Шевчук, Анна Пушкарская (22 January 2008). "Битва миллионеров" (in русский). Kommersant. Retrieved 18 May 2022.{{cite web}}: CS1 maint: multiple names: authors list (link)
  2. ^ Бэла Ляув (5 November 2019). "Как за 20 лет жилищное строительство прошло путь от хаоса до тотального контроля" (in русский). Vedomosti. Retrieved 18 May 2022.
  3. ^ "Группа ЛСР объявила об уходе с Лондонской биржи" (in русский). Vedomosti. 21 June 2021. Retrieved 18 May 2022.
  4. ^ "Группа ЛСР уходит с Лондонской фондовой биржи" (in русский). Interfax. 21 June 2021. Retrieved 18 May 2022.
  5. ^ "Fig. 6. Revenue dynamics of Russian developers of artificial intelligence systems for medicine and healthcare in 2017–2020 (authors' data), million rubles". dx.doi.org. doi:10.17816/dd107367-72847. Retrieved 26 December 2023.

External links

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