LSR Group - History

History

The company was founded in 1993. The company’s name derives from LenStroyRekonstruktsiya.

LSR Group is an open joint stock company, and is a 100% owner of its major subsidiaries and companies.

In November 2007 the company offered 12.5% of its share capital for trading at the London Stock Exchange and MICEX through IPO having raised US$772 million. After the offering, the company’s capitalization amounted to $6.8 billion.

In April 2010 the company offered 10% of its share capital for trading at the London Stock Exchange and MICEX through SPO having raised US$398.1 million (including expenses for the offering).

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