OREANDA-NEWS. December 02, 2009. LSR Group was declared to be a Strategic Partner of Sberbank of Russia 2010. Mr. Alexey  Loginov, chairman of the North-West Bank of Sberbank of Russia, delivered a certificate of the strategic partner to Mr. Igor Levit, CEO of LSR Group, reported the press-centre of LSR Group.  

Certificate delivery became an acknowledgment of reliable and long-term cooperation between Sberbank and LSR Group.

Note to Editors:
OJSC LSR Group  is a real estate and building materials company founded in 1993 and operating in a number of complementary market segments. Its core business areas are building materials, construction and real estate. The Group includes enterprises for extraction and processing of aggregates, production and transportation of building materials, and housing construction — from mass market large-panel housing to elite property built after designs made by leading domestic and foreign architects.

LSR Group has operations and offices in a number of cities in the Leningrad region, in St. Petersburg, Moscow, Yekaterinburg, Lithuania, Latvia, Estonia, Ukraine and Germany.
In 2007, the sales revenues of LSR Group (according to the IFRS-based financial statements) were RUR 35,858 million, in 2008 – RUR 49,813 million.

LSR Group is a public company, with its GDRs listed and traded on the London Stock Exchange and its shares listed and traded on MICEX and RTS.

In 2007, LSR Group was awarded ‘The Company of the Year’ National Award in the ‘Construction’ category.