Портал закупок Subscriprion
Choose apartment

Media center

LSR Group Awarded the 2007 Company of the Year National Business Award

05 December 2007

On December 4, the winners in key nominations of the leading Business National Award ‘2007 Company of the Year’ were given awards at Gostiny Dvor, Moscow. LSR Group was recognized as the Award winner in nomination "Construction." Among the companies also considered in the nomination were Don-Stroi and PIK.

The CEO of LSR Group, Igor Levit commented on the event as follows: "I’m proud that LSR Group has received the most prestigious business award in Russia. It is a well-deserved award for our company, we have really done quite a lot this year launching several construction projects such as cement and brick plants in the Leningrad Region and an aerated concrete plant in Ukraine. We have also started up two new concrete plants in Moscow and one concrete plant in St. Petersburg, made operational a new crushed granite plant, and completed a business centre that won first place in nomination "Class A Business Centre — St. Petersburg" in Commercial Real Estate Federal Awards 2007. Certainly, it’s not easy to obtain such a high award but it’ll be even more difficult to retain our top position and to keep growing at the same rate. And I believe this should be our main target for the future."

For reference:

The Company of the Year National Award originated during the late 1990s and has proved to be a public institution that does not only focus on the success stories of the best companies but also develops a new image of Russian business and promotes new practices of business ethics in this country. For the first time the Company of the Year award was bestowed in 1999. From the very beginning, the Award Expert Board included investment analysts, consulting company executives and leading economic journalists. The growth rate was the key indicator used for selecting the winners in 1999. The winners’ list included primarily the companies that were more successful and quick to recover from the financial crisis. From 2002, the Company of the Year award has been awarded under the auspices of the RF Ministry of Economic Development and Trade, and the winners have been given the status of a prioritized company for implementing investment projects. In 2006, for the first time a regional round was held in the framework of the contest inviting companies operating in one or more federal districts. The key purpose of running the contest in the regions is promoting the activities of the companies operating in the domestic market as well as increasing the investment attractiveness of the regions and developing the Russian business community.

OJSC LSR Group is a diversified construction company founded in 1993 and operating in a number of complementary market segments. Its core business areas are building materials, construction and real estate development. The Group includes enterprises for extraction and processing of aggregates, production and transportation of building materials, and housing construction — from mass market large-panel housing to elite residential property built after designs made by leading domestic and foreign architects. LSR Group has enterprises and offices in St. Petersburg, Moscow, a number of cities in the Leningrad Region, in Lithuania, Latvia, Estonia, Ukraine and Germany. LSR Group employs nearly 15,000 people. In 2004, 2005 and 2006 the revenues of LSR Group were RUB 7,530.9 mln, RUB 13,085.5 mln, and RUB 21,110.8 mln respectively. For the six months of 2007 the Group’s revenues amounted to RUB 16,062.0 mln compared to RUB 9,336.4 mln for the same period last year. In July 2007, Moody’s Investors Service assigned a B1 rating to LSR Group; outlook — stable.

For more details please contact:

Press Service, LSR Group
+7 (812) 314-1044
press@lsrgroup.ru
www.lsrgroup.ru

«LSR Group» discloses information on the page on the Internet of LLC Interfax-TsRKI — the news agency accredited by the Central Bank of the Russian Federation to disclosure of information.
Information is available here.



© 2013-2021 LSR Group. All rights reserved.
Warning request

В вашей версии Internet Explorer работа данного сайта не поддерживается.
Обновите Internet Explorer до последней версии.


© 2007-2019 LSR Group
x

News subscribe

Комменты отключены в стилях
*


*

















*


*

















* required fields
x
Комменты отключены в стилях
*


*

















x

DISCLAIMER – IMPORTANT

THE MATERIALS YOU ARE SEEKING TO ACCESS ARE BEING MADE AVAILABLE ON THIS WEBSITE IN GOOD FAITH AND ARE FOR INFORMATION PURPOSES ONLY.

THESE MATERIALS ARE NOT DIRECTED AT OR ACCESSIBLE BY PERSONS IN THE UNITED STATES, OR PERSONS RESIDENT OR LOCATED IN AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE THE EXTENSION OF AVAILABILITY OF THE MATERIALS TO WHICH YOU ARE SEEKING ACCESS WOULD BREACH ANY APPLICABLE LAW OR REGULATION.


The materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States, Australia, Canada, Japan or in any jurisdiction in which such offers or sales are unlawful. Any securities issued in connection with an offering have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or under any applicable securities laws of any state, province, territory, county or jurisdiction of the United States, Australia, Canada or Japan. Accordingly, unless an exemption under relevant securities laws is applicable, any such securities may not be offered, sold, resold, taken up, exercised, renounced, transferred, delivered or distributed, directly or indirectly, in or into the United States, Australia, Canada, Japan or any other jurisdiction if to do so would constitute a violation of the relevant laws of, or require registration of such securities in, the relevant jurisdiction. There will be no public offer of securities in the United States.

The materials are only addressed to and directed at persons in member states of the European Economic Area who are "qualified investors" within the meaning of Article 2(1)(e) of the Prospectus Directive (Directive 2003/71/EC) ("Qualified Investors"). In addition, in the United Kingdom, the materials are being made available only to, and are directed only at, Qualified Investors who are persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or who are high net worth entities falling within Article 49(2)(a)-(d) of the Order and other persons to whom it may otherwise lawfully be communicated (all such persons together being referred to as "relevant persons"). Any investment or investment activity to which the materials relate is available only to relevant persons in the United Kingdom and Qualified Investors in any member state of the European Economic Area other than the United Kingdom, and will only be engaged with such persons. Other persons should not rely or act upon the materials or any of their contents.

If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this webpage. These materials must not be, released or otherwise forwarded, distributed or sent in or into the United States, Australia, Canada, Japan or any jurisdiction in which such offers or sales are unlawful. Persons receiving such documents (including custodians, nominees and trustees) must not distribute or send them in, into or from the United States, Australia, Canada or Japan.

Confirmation of understanding and acceptance of disclaimer

I warrant that I am not located in the United States and am not resident or located in Australia, Canada, Japan or any other jurisdiction where accessing these materials is unlawful, and I agree that I will not transmit or otherwise send any materials contained in this website to any person in the United States, Australia, Canada, Japan or any other territory where to do so would breach applicable local law or regulation.

I have read and understood the disclaimer set out above. I understand that it may affect my rights and I agree to be bound by its terms. I confirm that I am permitted to proceed to electronic versions of the materials.

 
 
x

ACCESS LIMITATION

We regret that, due to regulatory restrictions, we are unable to provide you with access to this section of our website.

 
 
x

IMPORTANT INFORMATION

You have indicated that you are located in the United States. These materials are not intended for, directed at or accessible by persons located in the United States. However, persons located in the United States that make the below certifications can access these materials. Please read the certifications below carefully and provide the information requested in order to access these materials. If you cannot make the below certifications, please exit this page.

Certifications

“We are a “qualified institutional buyer” (a "QIB") as defined in Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act"). Further, if we are acting as a fiduciary or agent for one or more investor accounts, (a) each such account is a QIB, (b) we have investment discretion with respect to each account, and (c) we have full power and authority to make the representations, warranties, agreements and acknowledgements herein on behalf of each such account.”

“We acknowledge that the materials relate to a transaction that is not subject to, or is only available in the United States pursuant to an exemption from, the registration requirements of the Securities Act.”

By clicking “I AGREE” below, you are certifying that the certifications and information provided are accurate and that you would like to access the materials. You agree that the materials you access are for your own use and will not be distributed to any person outside of your organisation.