LenSpetsSMU ranks as public company No.1 in “Kommersant's” annual rating of the largest residential construction companies in Northwest Russia

01.07.2009

On 30th June, the second annual rating of the largest companies in the Northwest Federal district of Russia was announced. The research was conducted by the publishing house “Kommersant”; with the results published in the attachment «Business Guide «Companies».

The rating was based on increased rate of revenues from 2006 to 2008. The rating was open to the registered companies as well as to those who focused their operations on the Northwest Federal district of Russia, both operating outside of the financial sector, with the proviso that their annual receipts exceeded one billion rubles.

The companies’ activity evaluation was based on the following: investment activity, development dynamics, effectiveness of property and owned capital application, utilization of manpower and company stability.

LenSpetsSMU has achieved solid No.1 place in the rating among the companies whose basic activity is the residential construction. LenSpetsSMU has achieved No.21 place in the general rating of the largest companies in the Northwest of Russia.

CONTACT DETAILS

Mikhail Dukhovny, Director of Corporate Communications Department
Telephone: +7 (812) 348-21-25, e-mail: dukhovny_m@lenspecsmu.ru

Victor Vasenev, Deputy CFO
Telephone: +7 (812) 348-09-95, e-mail: vasenev_v@lenspecsmu.ru