History

2018

Etalon Group receives construction permit and launches sales for its premium-class residential project on Petrovskiy Island in St Petersburg.

68,731 mln RUB CONTRACTED
2017

Etalon Group set another record of sales under contracts in rubles and sq. m. the Board of Directors increased the target range of dividend payments to 40-70% of consolidated net profit. We launched sales at two business-class projects: Botanica in St Petersburg and Silver Fountain in Moscow.

50,240 mln RUB CONTRACTED
2016

New contract sales reached 496 ths sqm and RUB 47.4 billion, setting new records for annual sales in the Company’s history.

47,443 mln RUB CONTRACTED
2015

Etalon Group outperformed its guidance despite the challenging macroeconomic environment. The Company began construction of the Golden Star residential complex, which is the Company’s third project in Moscow.

35,080 mln RUB CONTRACTED
2014

Etalon Group deliveries reach 580 ths sqm, an all-time record for the Company. Etalon Group completes ExpoForum, one of the largest commercial construction projects in St Petersburg.

39,961 mln RUB CONTRACTED
2013

Etalon Group delivers 468 ths sqm of NSA.The Board of Directors approved a dividend policy, under which the company will aim to pay out between 15% and 30% of IFRS net profit.

30,227 mln RUB CONTRACTED
2012

Etalon Group completes its post-IPO acquisition programme, acquiring two projects each in the Moscow and St Petersburg Metropolitan Areas. This added another 887 thousand sqm to our landbank, securing Etalon's construction programme through 2017.

23,739 mln RUB CONTRACTED
2011

Etalon Group successfully completed an IPO, listing GDRs on the Main Market of the London Stock Exchange in April 2011. The IPO raised $575 million and becoming the first real estate company from Russia to go public since 2007.

18,306 mln RUB CONTRACTED
2010

Etalon Group commences Etalon-City, our second project in the Moscow Metropolitan Area.

14,106 mln RUB CONTRACTED
2009

Etalon Group acquires a 70% percent stake in LLC Severnaya Vysota I K (currently, UM Etalon), a company engaged in the construction of tower cranes under finance lease contracts, thereby increasing its stake from 30% to 100%.

2008

SPM Zhilstroy is acquired. The company acts as the general contractor for Emerald Hills, Etalon Group's flagship project in the Moscow Metropolitan Area.

2007

20th anniversary. In 2007, Etalon LenSpetsSMU began construction of the residential complex Jubilee Estate, one of its megaprojects and the first integrated urban development project.

2006

Etalon Group expands into the Moscow Metropolitan Area by establishing Etalon-Invest.

Etalon Group becomes the first Russian construction company to get a credit rating from Standard & Poor’s Global Ratings.

2005

First mortgage programme is established in partnership with Rosbank. Etalon Group’s residential real estate delivery volume exceeds 1 mln sqm.