ETALON GROUP PLC (“Etalon Group” or the “Company”), one of Russia’s largest and longest-established development and construction companies, announces the delivery of the Shchastye v Kuzminkakh project, located in the South-Eastern administrative district of Moscow. The project has a total NSA of 9.4 ths sqm, including 7 ths sqm of residential area.
Schastye v Kuzminkakh is a 15-storey comfort-class building with two levels of underground parking. The project is located on the closed courtyard territory with guest parking, playgrounds and sports facilities. Schastye v Kuzminkakh is surrounded by recreational areas such as Kuzminskiy Municipal Forest, Lyublinskiy Park, Park Dvenadtsati Luchey, Lublin and Shibaevskiy Ponds. Amenities in the area include educational facilities, supermarkets and two shopping centres as well as numerous social and cultural establishments. The project also offers convenient transport accessibility: the Kuzminki metro station and an exit onto Volgogradskiy Prospekt are just 300 metres away.
As a result of high demand for this project, all of the apartments in the building had been sold by the time the project was delivered. With the completion of Schastye v Kuzminkakh, Etalon Group has delivered 104 thousand sqm of NSA since the beginning of 2020.
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.