OREANDA-NEWS. December 28, 2009. According The Building Business, TMM has now climbed to the 8th place among the domestic developers by the number of projects in progress and to the 5th place by the area under such projects. In particular, TMM is currently developing nine buildings with the total area of 378 thousand square metres. No other listed Company has ended up in this the rating.

Millennium Capital sees the news to be positive for TMM since the maintenance of its operating activity during the real estate market stagnation testifies to its quick development during the market recovery. Millennium Capital maintains out Speculative Buy recommendation for the stock.