19 Jan 2016 11:37

LSR Group sales down 36% in 2015

ST. PETERSBURG. Jan 19 (Interfax) - LSR Group reduced sales 36% in 2015 to 54.9 billion rubles, the developer said in a press release.

In 2015, in all regions of operations, LSR entered into new contracts for the sale of 611,000 m2, down 39%). The group completed 754,000 m2 of net sellable area (NSA), down -5%).

LSR Group's core business areas are production of building materials, real estate development and prefab construction. Its main operations are located in St. Petersburg, Moscow and Yekaterinburg. Its principal owner is ex-senator Andrei Molchanov.