LSR Group
{{Short description|Russian real estate company}}{{Multiple issues|
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{{Infobox company
| name = OJSC LSR Group
| native_name = ПАО "Группа ЛСР"
| native_name_lang = RU
| logo = Логотип Группы ЛСР.png
| traded_as = {{MICEX-RTS|LSRG}}
{{LSE|LSRG}}
| foundation = {{start date and age|1993}}
| location_city = Saint Petersburg
| location_country = Russia
| key_people = Dmitri Gontcharov (Chairman of the Board)
Andrey Molchanov(CEO)
| industry = Construction
| products = Building materials, Real estate development, Construction
| revenue = {{wikidata revenue|revenue|USD}}{{wikidata revenue|revenue|ref}}
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| operating_income = {{wikidata revenue|operating_income|USD}}{{wikidata revenue|operating_income|ref}}
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| net_income = {{wikidata revenue|net_income|USD}}{{wikidata revenue|net_income|ref}}
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| assets = {{wikidata revenue|assets|USD}}{{wikidata revenue|assets|ref}}
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| num_employees = 14,500 (2018)
| homepage = [http://www.lsrgroup.ru www.lsrgroup.ru]
}}
LSR Group ({{langx|ru|ОАО "Группа ЛСР"}}) is a Russian real estate development, construction and building materials company. LSR Group is one of the leaders in the real estate and building materials in Russia. The company headquarter is located in St. Petersburg. In 2019, the total number of employees is about 11,000 people. As of 2008, the company embraced 24 subsidiaries.{{cite web
|url = https://www.kommersant.ru/doc/844358?
|title = Битва миллионеров
|author = Александра Конфисахор, Михаил Шевчук, Анна Пушкарская
|language=ru
|date = January 22, 2008
|publisher = Kommersant
|accessdate = May 18, 2022
}}
History
The company was founded in 1993 by a Russian entrepreneur Andrey Molchanov. The company's name derives from LenStroyRekonstruktsiya.
LSR Group is an open joint stock company, and is a 100% owner of its major subsidiaries and companies.
In November 2007 the company offered 12.5% of its share capital for trading at the London Stock Exchange and MICEX through IPO having raised US$772 million. After the offering, the company's market capitalization amounted to $6.8 billion.{{cite web
|url = https://www.vedomosti.ru/realty/articles/2019/11/04/815399-zhilischnoe-stroitelstvo
|title = Как за 20 лет жилищное строительство прошло путь от хаоса до тотального контроля
|author = Бэла Ляув
|language=ru
|date = November 5, 2019
|publisher = Vedomosti
|accessdate = May 18, 2022
}}
In April 2010 the company offered 10% of its share capital for trading at the London Stock Exchange and MICEX through SPO having raised US$398.1 million (including expenses for the offering).
In 2021, the company left the London Stock Exchange because of its low market liquidity.{{cite web
|url = https://www.vedomosti.ru/business/news/2021/06/21/874883-gruppa-lsr-obyavila-delisting-s-londonskoi-birzhi?
|title = Группа ЛСР объявила об уходе с Лондонской биржи
|author =
|language=ru
|date = June 21, 2021
|publisher = Vedomosti
|accessdate = May 18, 2022
|url = https://www.interfax.ru/business/773114
|title = Группа ЛСР уходит с Лондонской фондовой биржи
|author =
|language=ru
|date = June 21, 2021
|publisher = Interfax
|accessdate = May 18, 2022
}}
In 2022, the company's revenue amounted to 13 billion rubles.{{Cite journal |title=Fig. 6. Revenue dynamics of Russian developers of artificial intelligence systems for medicine and healthcare in 2017–2020 (authors' data), million rubles |url=http://dx.doi.org/10.17816/dd107367-72847 |access-date=2023-12-26 |doi=10.17816/dd107367-72847 |url-access=subscription }}
References
{{Reflist}}
External links
- [https://web.archive.org/web/20110414203908/http://www.lsrgroup.ru/en/investors LSR Group website]
{{Portal|Companies}}
{{Moscow Exchange Index}}
Category:Construction and civil engineering companies of Russia
Category:Companies listed on the Moscow Exchange
Category:Companies in the MOEX
Category:Companies based in Saint Petersburg
Category:Real estate companies of Russia
Category:Construction and civil engineering companies established in 1993