Sberbank of Russia declared LSR Group its strategic partner
01 December 2009
LSR Group was declared to be a Strategic Partner of Sberbank of Russia 2010. On November 26, 2009 Mr. Alexey Loginov, chairman of the North-West Bank of Sberbank of Russia, delivered a certificate of the strategic partner to Mr. Igor Levit, CEO of LSR Group. Certificate delivery became an acknowledgment of reliable and long-term cooperation between Sberbank and LSR Group.
Note to Editors:
OJSC LSR Group is a real estate and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are building materials, construction and real estate. 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 region, in St. Petersburg, Moscow, Yekaterinburg, Lithuania, Latvia, Estonia, Ukraine and Germany.
In 2007, the sales revenues of LSR Group (according to the IFRS-based financial statements) were RUR 35,858 million, in 2008 – RUR 49,813 million.
LSR Group is a public company, with its GDRs listed and traded on the London Stock Exchange and its shares listed and traded on MICEX and RTS.
In 2007, LSR Group was awarded ‘The Company of the Year’ National Award in the ‘Construction’
category.
OJSC Sberbank of Russia is the largest bank of Russia, Central and Eastern Europe, the key lender to the national economy, accounting for about 30% of the aggregate Russian banking assets. Sberbank’s controlling shareholder is CBR (Central Bank of Russia) which owns 60% of its voting shares. The remaining shares are held by more than 273,000 institutional and private investors.
Sberbank has the largest countrywide branch network with 17 regional head offices and more than 20,000 retail outlets. The bank also operates subsidiary banks in Kazakhstan and Ukraine.
The bank obtained Central Bank’s license for banking operations № 1481 on October 03, 2002
Official webpage - www.sberbank.ru
North-West Bank of Sberbank of Russia operates in 7 subjects of the Russian Federation: St. Petersburg, Leningrad region, Kaliningrad region, Murmansk region, Pskov region, Novgorod region and the Republic of Karelia. North-West Bank of Sberbank has currently the largest branch of more than 1,000 offices in the region.
For more details please contact:
LSR Group Press Service
Tel.: +7 812 314 10 44
Fax: +7 812 458 83 72
E-mail: press@lsrgroup.ru
www.lsrgroup.ru
OJSC Sberbank of Russia, North-West Bank
Tel.: + 7 812 335-83-99
E-mail: reklama@sberbank.spb.ru
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