ETALON GROUP PLC (“Etalon Group” or the “Company”), one of Russia’s largest and longest-established development and construction companies, announces that it has completed the Fusion residential complex in the Vyborgskiy district of St Petersburg. The project has a total NSA of 14 ths sqm, including 10 ths sqm of residential area.
Fusion is a nine-storey business-class building with underground parking and a built-in preschool. In this project, Etalon Group adopted a number of innovative solutions, including the most advanced security systems and cutting-edge smart home technologies. The complex is located on Krapivniy pereulok, near the historic centre of St Petersburg and the Neva Embankment. One of the project’s advantages is its proximity to nearby green spaces, such as the Grenaderskiy, Sampsonievskiy and Botanical Gardens.
Fusion offers convenient access to major transport routes, including the Vyborgskaya metro station, which is only a five-minute walk from the complex, as well as Vyborgskaya Embankment, Bolshoy Sampsonievskiy Prospekt and Lesnoy Prospekt.
With the completion of Fusion, Etalon Group has now delivered 363 ths sqm of NSA since the beginning of 2019.
This and other recent announcements are available on the Etalon Group website:
https://www.etalongroup.com/en/news/.
IR Team
About Etalon Group
Founded in 1987, today Etalon Group is one of the leading nationwide players in Russia’s development and housing construction sector. The Company develops real estate projects for the middle class in Moscow, the Moscow region and St Petersburg. The Company has been actively developing in eight regions across Russia since 2021, with large-scale projects under way in Omsk, the Novosibirsk region, Ekaterinburg, Tyumen and Kazan. With 38 years of successful operations and ongoing regional expansion, the Company remains one of the largest players in the Russian real estate market. Since its foundation, Etalon Group has delivered 9.7 mln sqm of real estate.
Thanks to its integrated business model, Etalon Group creates added value for customers and shareholders at every stage of development, from land plot analysis and acquisition to the operation and maintenance of existing properties. Etalon Group employs more than 6,000 people.
Etalon Group’s total assets comprise 42 projects under development, unsold inventory at completed residential complexes and commercial properties, with total unsold NSA of 5.5 million sqm, as well as a construction and maintenance division. According to Nikoliers, the value of Etalon Group assets as of 31 December 2025 was RUB 318 billion.
In 2025, Etalon Group’s new contract sales totalled 671 ths sqm, or RUB 153.5 billion.
The Company’s revenue in 2025 amounted to RUB 154 billion, with EBITDA of RUB 31 billion.
Etalon Group shares are traded on the Moscow Exchange (ticker ETLN) and have been included in the Level 2 quotation list since September 2025.