5 Apr 2022 18:12

Stroygazmontazh, once largest construction contractor in oil and gas industry, under liquidation

MOSCOW. April 5 (Interfax) - JSC Stroygazmontazh (SGM), once the leader in providing construction contractor services to Russia's oil and gas industry, is now under liquidation, according to the Unified State Register of Legal Entities.

Russian entrepreneur Arkady Rotenberg founded SGM based on Gazprom's construction assets that included Lengazspetsstroy , Spetsgazremstroy, Krasnodargazstroy , and Volgogaz , which the concern sold in 2008. In 2017, SGM attained its high turnover of 362 billion rubles. In 2019, Rotenberg exited SGM's capital.

Stroygazmontazh entered composition of the Gazstroyprom construction giant that united the construction efforts serving Gazprom's investment projects.