Портал закупок Subscriprion
Choose apartment

Media center

LSR Group Enters into a Contract for the Supply of a Line of Special Ceramic Products

10 June 2008

In the course of the implementation of its previously announced project to construct Russia’s largest brick plant, OJSC Pobeda LSR (an LSR Group company) has entered into a contract for the supply of a line of special ceramic products with TECTON GmbH Keramikanlagen, Germany. The value of the contract is around € 30 million and has been approved by the Board of LSR Group.

The contract provides for designing, manufacturing, supplying, installing and starting up a production line with a capacity of 25 million special ceramic items per annum. The new line is to go into operation in 2010.

Sergey Begoulev, CEO of OJSC Pobeda LSR commented:

“This production line is intended for house-building, which is developing rapidly in Russia.* While demand is constantly increasing, such products are currently imported from Europe and America, since Russia has no production facilities of its own. Meanwhile we roughly estimate the market volume in Russia for this type of product at 40 million pieces with an annual growth rate of 40%.”

Thus, the new brick plant will manufacture all possible types of bricks: facing clinker and road clinker bricks, original ceramic elements, unique types of facing bricks, porous building bricks and capping bricks.

As announced earlier, the new brick plant is to be commissioned in 2010. Its capacity will total 220 million NF bricks per year. The planned investment is around US$ 300 million. By now, contracts have been signed for equipment manufacture and supply as well as for construction work.

Two production lines – one of them with a capacity of 120 million NF porous building bricks, and the other one with a capacity of 75 million capping bricks – will be supplied by CERIC international group. The contract value is € 71 million. A contract has also been signed with ZAO Kompakt which will act as the general construction contractor, under a contract worth € 95 million.

At present, preparation work for the construction site has been fully completed, and a piling field of 8 hectares has been completed too. Construction work for the factory building is due to start in the 2nd half of June 2008.

*According to data provided by Resheniye analytical research company, in the Leningrad region alone the volume of homebuilding was 400,000 sq.m. in 2007 with 500,000 sq.m. to be completed in 2008 and 600,000 and 700 000 sq. m forecasted for 2009 and 2010 respectively.

Notes to editors:

OJSC Pobeda LSR (a subsidiary of LSR Group) is the largest producer of ceramic bricks in Russia. It comprises three brick factories in St. Petersburg and the Leningrad region: Keramika, Lenstroikeramika and Pobeda with a total annual capacity of 290 mln NF bricks. The product range of Pobeda LSR includes all types of building and facing bricks as well as porous large-format RAUF bricks. Pobeda LSR has been developing its own retail chain of Brick Centre outlets and owns sources of raw materials: Krasny Bor quarries of Cambrian Blue Clay and Lenstroikeramika-Karieyr. Pobeda LSR has a regional representative office in Moscow.

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 property built after designs made by leading domestic and foreign architects.

LSR Group has operations and offices in a number of cities in the Leningrad Oblast, in St. Petersburg, Moscow, Yekaterinburg, Lithuania, Latvia, Estonia, Ukraine and Germany. LSR Group employs over 15,000 people.

In 2005 and 2006, the revenues of LSR Group (according to IFRS statements) were $ 463 million and $ 777 million respectively. In 2007, the revenues amounted to $ 1,403 million.

In November 2007, OJSC LSR Group implemented an IPO, and now its GDRs are listed on the London Stock Exchange, and the shares — on MICEX and RTS.

LSR Group has a B1 rating, outlook – stable assigned by Moody’s Investors Service (assigned in July 2007 and confirmed on 30 May, 2008), and a B+ rating, outlook – stable assigned by Fitch Ratings (assigned on 30 May, 2008).

In 2007, LSR Group was bestowed a National Award in the field of business as ‘The Company of the Year’ in the ‘Construction’ category.

TECTON GmbH Keramikanlagen is a German company developing and supplying innovative equipment for the manufacture of building materials, tile roofs, ceramic pipes and sanitary and bathroom ceramics.

For more details please contact:

Press Service, LSR Group
Tel.: +7(812) 314-1044

«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

News subscribe

Комменты отключены в стилях




* required fields
Комменты отключены в стилях






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.



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



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.


“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.