OREANDA-NEWS. July 28, 2011. OJSC Granit-Kuznechnoye (a subsidiary of LSR Group) has acquired 100% of 436 KNI – a crushed granite producing plant. This acquisition makes LSR Group No.1 company in Russia in gneiss granite reserves. The total value of transaction is around RUB 960 million, reported the press-centre of LSR Group.

Together with 436 KNI, LSR Group obtained a license to use subsurface resources of Prudy-Mokhovoye-Yasninskoye gneiss granite deposit (Viborgsky district, the Leningrad region) with approximately 84 million cub.m of proven reserves. The deposit has two quarries. Characteristics of the rock mass make it suitable for processing crushed granite used in all types of construction.
 
The plant is located in the Vybogrsky district of the Leningrad region, 190 km away from St. Petersburg and around 40 km north from Vyborg, close to Prudy railway station. Its annual production capacity is 1.1 million cub. m. Therefore, after the acquisition, the crushed granite production facilities of LSR Group in the Leningrad region include 9 plants processing around 7 million cub. m per year and 6 deposits in the Viborgsky and Priozyorsky districts.