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«Today, our key goal is to raise the efficiency level of each employee, each working crew, each plant and the company as a whole.  Increased productivity, reduced waste and lean production will allow us to remain competitive and as a result, to retain and improve our market position.»

Alexey Barantsev
CEO, Glavstroy Corporation

Glavstroy Corporation is a vertically integrated construction holding, engaging in everything from quarrying the stone to produce construction materials to commissioning new buildings.

Main areas of business

  • Construction of housing and public buildings
  • Construction of transport infrastructure
  • Production of building materials
  • Development
  • Servicing of buildings and structures

Key facts

  • 25,000 employees
  • Annual sales of approximately 100 billion rubles
  • Presence in 15 regions of Russia, FSU and other countries

Main achievements in 2009

  • Started building first stage of the Northern Valley complex in St. Petersburg (3 mln m2 of housing and related infrastructure)
  • Completed main construction and installation work at Emergencies Ministry Clinic No.2 (St. Petersburg), the largest health care facility in North West Russia
  • Started building another section of Berkamit-Tommot-Yakutsk railway from Kerdem to Yakutsk (settlement of Nizhny Bestyakh)
  • Continued to build rail road to Elga coal field (Yakutia)
  • Continued work on Russia's most state-of-the-art football stadium on Krestovsky Island, St. Petersburg
  • Started, in preparation for the 2014 Winter Olympics, to build sea cargo terminal in Adler district, the Sochi-Kurortny Prospekt relief road and engineering protection for Imeretinskaya lowland in Sochi; commissioned latest section of Sochi bypass
  • Reduced unit cost of materials: break-even point for prefab reinforced concrete enterprises lowered by 43%, and that for timber processing mills by 47%-73%
  • Second pyroline commissioned at SAS-Tobe-Technologies cement works in Kazakhstan, modernization of third line continued
  • Continued to build Serebryansky Cement Works, commissioning scheduled in 2010
  • Second pyroline put into service at Achinsk Cement Works, production of new type of cement for hydraulic installations launched
  • Enhanced the architectural expressiveness of standard apartment blocks by employing new exterior panel finishing method
  • New energy-saving window unit designed and tested




Our priorities

Personnel Development

Increasingly, projects undertaken by the Construction Sector depend on the use of modern technology and engineering design.  These projects often require specialized knowledge and skills. In this sector an entire program of professional development has been created, involving Basic Element's international partners.

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Environmental protection

This sector of the company focuses on principles of conservation and the improvement of the country's ecological situation.

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New technologies

New processes developed by Russian and international specialists - some of which are unique, and others broadly used - will be employed by the Basic Element's companies in their construction projects in the nearest future.

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Construction of housing and public buildings

Glavmosstroy possesses all the necessary resources for commercial residential construction projects (panel, monolithic, precast skeleton monolithic); and the construction of administrative and office buildings, schools, kindergartens, hospitals and medical centers.

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Construction of transport infrastructure

Transstroy is one of Russia's leading holding companies specializing in the construction of transport infrastructure, including roads, bridges and crossings, rail roads, airports, sea and river ports and hydraulic installations.

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Development

Altius Development and Glavstroy SPB are responsible for development.

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Production of building materials

BaselCement and MosPromStroyMaterialy make up the construction materials segment.

 

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Servicing of buildings and structures

Glavstroy Operating Company provides the whole range of commercial and residential real estate management and operating services.

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News



12.09.2009

Basic Element and Island Global Yachting sign memorandum of intent to operate world-leading marina in Sochi

Basic Element, Russia's leading diversified investment company, has today signed a memorandum of intent with Island Global Yachting (IGY) to manage a world-leading marina complex in Sochi, paving the way for significant employment and investment opportunities in the region. IGY is also considering an option to become a co-investor in construction of the complex.

more details

» All news


Useful Information

Investing in Global Infrastructure 2007
What are public-private partnerships?

Contacts

Media Contact Information
Vitaly Korolev
Public Relations department 
Glavstroy
Tel:  +7 (495) 644 02 00 
Fax: +7 (495) 644 02 02 
pressa@gms.ru