MOSCOW, RUSSIA: Etalon Group Plc, one of Russia’s largest and longest-established development and construction companies, announced that its Board of Directors has reviewed and approved the strategic acquisition of YIT Corporation’s Russian business for a maximum consideration of RUB 4,597 million. Etalon Group together with YIT Corporation have agreed on the sale of YIT Russia.…
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Etalon acquires 35% stake in QB Technology
LONDON, UK: Etalon Group Plc, one of Russia’s largest and longest-established development and construction companies, announced the acquisition of a 35% stake in QB Technology, with an option to further increase its ownership share. QB Technology is an innovative UK-based high-tech modular construction company that provides a full range of services for the design, installation…
Etalon completes Fusion residential complex
LONDON: Etalon Group, the Russia based development and construction company, announces that it has completed the Fusion residential complex in the Vyborgskiy district of St Petersburg. The project has a total NSA of 14 ths sqm, including 10 ths sqm of residential area. Fusion is a nine-storey business-class building with underground parking and a built-in…