ETALON GROUP PLC (“Etalon Group” or the “Company”), one of Russia’s largest and longest-established development and construction companies, announces the launch of sales at the first phase of its new Schastye v Koltsovo residential complex, located in the Novosibirsk region.
The first phase of construction includes eight buildings varying in height from 7 to 16 storeys. Etalon Group has begun sales at the first building, which is expected to have an NSA of 24.5 ths sqm, including 19.5 ths sqm of residential real estate. The building includes storage rooms for seasonal items, as well as pram storage on the ground floor. The inner courtyard the first building will be equipped with playgrounds for children, areas with exercise machines, bicycle racks, areas designated for rest and relaxation, a sensory labyrinth, as well as an inclusive playground that will enable children with disabilities to play and develop together with their peers. The customised landscape design for the Schastye v Koltsovo project envisages the creation of green spaces where residents can exercise or do yoga.
The Schastye v Koltsovo project is expected to have a total NSA of 280 ths sqm and to be delivered in 4Q 2029.
The Schastye v Koltsovo project is being built in the Novosibirsk metropolitan area, in the Koltsovo district. The district boasts well-developed infrastructure and is one of the leading research and manufacturing hubs in the region. It offers excellent transport accessibility, with highways connecting it to Novosibirsk’s Pervomaiskiy district through Baryshevo to the north-west, and with Akademgorodok to the south.
This and other recent announcements are available on the Etalon Group website:
https://www.etalongroup.com/en/news/.
IR Team
About Etalon Group
Founded in 1987, today Etalon Group is one of the leading nationwide players in Russia’s development and housing construction sector. The Company develops real estate projects for the middle class in Moscow, the Moscow region and St Petersburg. The Company has been actively developing in eight regions across Russia since 2021, with large-scale projects under way in Omsk, the Novosibirsk region, Ekaterinburg, Tyumen and Kazan. With 38 years of successful operations and ongoing regional expansion, the Company remains one of the largest players in the Russian real estate market. Since its foundation, Etalon Group has delivered 9.2 mln sqm of real estate.
Thanks to its integrated business model, Etalon Group creates added value for customers and shareholders at every stage of development, from land plot analysis and acquisition to the operation and maintenance of existing properties. Etalon Group employs more than 6,000 people.
Etalon Group’s total assets comprise 27 projects under development, unsold inventory at completed residential complexes and commercial properties, with total unsold NSA of 5.5 million sqm, as well as a construction and maintenance division. According to Nikoliers, the value of Etalon Group assets as of 31 December 2024 was RUB 305 billion.
In 2025, Etalon Group’s new contract sales totalled 671 ths sqm, or RUB 153.5 billion.
The Company’s revenue in 2024 amounted to RUB 131 billion, with EBITDA of RUB 27.6 billion.
Etalon Group shares are traded on the Moscow Exchange (ticker ETLN) and have been included in the Level 2 quotation list since September 2025.