LSR Group boosts sales 43% in 2014 to 86 bln rubles
ST. PETERSBURG. Jan 19 (Interfax) - The LSR Group boosted sales 43% year-on-year in 2014 to 86 billion rubles, the company said in a statement.
Last year the company signed contracts for the sale of 1.019 million square meters, which was 35% more than in 2013.
Founded in 1993, LSR Group is divided into two divisions: development and building materials, and it also provides construction services. Its main owner is ex-senator Andrei Molchanov. The group manages companies that produce and process non-metallic minerals, produce and transport construction materials, and construct buildings, ranging from large mass housing to elite homes. LSR Group's main business is concentrated in St. Petersburg and the Leningrad Region, Moscow and the Moscow Region, Yekaterinburg and the Urals.