Founded in 1987, Etalon Group is one of the leading residential developers in St Petersburg, primarily building in the economy-plus segment, and now actively expanding into the Moscow metropolitan area. The company has a quality land bank of 18 projects with a total of over 3.5 mln m2 of NSA. Etalon Group focuses on large-scale residential complexes, providing high quality living at affordable prices, allowing it to generate superior profitability versus its peers. The company has ambitious plans to double its housing construction volumes over the next three years. In addition to housing, the company also provides construction services for large-scale commercial, industrial and infrastructure projects (e.g. Expo Forum and works at Nissan, Toyota, Ford and GM production facilities in the St Petersburg area).
Etalon Group’s GDRs have traded on the London Stock Exchange since April 20, 2011.