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The design works of the 3rd production line for the new Pobeda LSR’s brick factory are at the final stage of completion

13 January 2009

The meeting between the management of Pobeda LSR (LSR Group’s subsidiary company) and the management of TECTON GmbH Keramikanlagen was held in Moranello, Italy. Tecton GmbH Keramikanlagen supplies the equipment for the new brick production line designed to produce special ceramic products. The shareholders of Tecton, the world leading suppliers of manufacturing equipment NOVOKERAM Max Wagner GmbH (Germany), Instalat B.V. (The Netherlands), United Symbol (Italy) also took part in the meeting.

Pobeda LSR was represented by the general manager Sergey Begoulev, NOVOKERAM Max Wagner GmbH by the Managing Director Christian Wagner,  TECTON GmbH Keramikanlagen – by the Managing Director Mehrdad Vasigh; United Symbol – by the President  Maurizio Manzini. The participants discussed the status of the design works of the 3rd production line, which at their final stage of completion and familiarized with the products of United Symbol. 

It may be noted that within the framework of the construction of the biggest brick factory in Russia, in July 2008 Pobeda LSR signed the contract with TECTON GmbH Keramikanlagen for supply of the brick production line for the production of the specific ceramic products. 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 production line will enable the company to produce the unique kinds of bricks facing clinker and road clinker bricks, original ceramic elements, unique types of facing bricks, porous building bricks and capping bricks.

Notes to editors:

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 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 US$ 1,403 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 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.

TECTON GmbH is a consolidation of firms which produces building machines and devices for the ceramic industry - from the cutter to packing.
http://www.tecton-germany.de/english/unternehmen/index.shtml

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.



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