MOSCOW: Etalon Group Plc, one of Russia’s largest and longest-established development and construction companies, announced changes to the membership of its Board of Directors. Etalon Group’s Board of Directors has accepted the resignation of the independent director Martin Cocker from the Board and its committees. Mr Cocker had served as Chairman of the Board’s Audit Committee…
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Etalon Group acquires land Novosibirsk for residential development
MOSCOW: Etalon Group, one of Russia’s largest and longest-established development and construction companies, has acquired a 26-hectare land plot in the Novosibirsk region for a residential development project. Novosibirsk is the largest city in the Siberian Federal District and the third-largest city in Russia in terms of population. It is one of the most important…
Etalon Group announces partnership with online marketplace Ozon
MOSCOW, RUSSIA: Etalon Group, one of Russia’s largest and longest-established development and construction companies, announced the signing of a cooperation agreement with Russia’s leading online marketplace Ozon. As part of the long-term partnership agreement, the companies plan to carry out joint projects that combine the products and possibilities of real estate development and e-commerce. One…
Etalon Group announces land acquisition in St Petersburg
LONDON, UK: Etalon Group Plc, one of Russia’s largest and longest-established development and construction companies, announces the acquisition of a land plot in the Petrogradskiy district of St Petersburg for the construction of a premium-class residential complex. The project’s planned NSA will be 63 ths sqm. The site is located near the Pesochnaya embankment and…
Etalon Group gets construction permit for first stage of ZIL-Yug Project
MOSCOW: Etalon Group Plc has received a construction permit for the first stage of a large-scale integrated development project located in the southern part of the former ZIL factory in Moscow. This stage, which will include six buildings and parking, is expected to have total net sellable area (NSA) of 57.6 ths sqm, including 48.4…
Etalon Group delivers Shchastye v Kuskovo project
MOSCOW: Etalon Group Plc, one of Russia’s largest and longest-established development and construction companies, announced the delivery of the Shchastye v Kuskovo project, located in the Eastern administrative district of Moscow. The project has a total NSA of 6 ths sqm, including 5 ths sqm of residential area. Schastye v Kuskovo is a modern 11-storey…
Russia’s Etalon begins sales with 6.5% subsidised mortgages
LONDON: Etalon Group Plc, one of Russia’s longest-established development and construction companies, has completed its first transactions using state-subsidised mortgages in both of its core regions. The subsidised mortgage programme is available from 17 April 2020 through 1 November 2020, while the preferential rate of not more than 6.5% is effective for the entire term…
Etalon GDRs admitted to trading on Moscow Exchange
MOSCOW: Etalon Group Plc, Russia’s largest development and construction company, announced that Moscow Exchange has approved the listing of the Company’s Global Depositary Receipts (GDRs), and the inclusion of these securities in the Level 1 List. The first trading day for Etalon Group GDRs (ticker: ETLN) on Moscow Exchange is planned for 3 February 2020.…
Etalon Group opts for Moscow Exchange listing
MOSCOW: Etalon Group Plc has submitted documents, including a prospectus, to Moscow Exchange in order to undertake a listing of Etalon Group global depositary receipts (GDRs) on Moscow Exchange and the inclusion of these securities in the Level 1 List. Pending approval of the listing documents and admittance to trading on Moscow Exchange, Etalon Group…
Etalon group launches new phase at Galactica
LONDON: Etalon Group Plc has launched sales for a new phase at Galactica, the largest development project in the central part of St Petersburg. Etalon is one of Russia’s largest and longest-established development and construction companies The new stage will consist of two residential buildings with heightened comfort, each with its own underground parking. The…
Etalon completes Schastye v Lianozovo residential complex
MOSCOW: Etalon Group Plc has completed the Schastye v Lianozovo residential complex in the north of Moscow. The project has a total NSA of 8 ths sqm, including 6 ths sqm of residential area. Etalon is one of Russia’s largest and longest-established development and construction companies. Schastye v Lianozovo is a modern comfort-class building with…