ETALON GROUP PLC (the “Company”), one of Russia’s largest and longest-established development and construction companies, announces that it has launched sales for a new phase at Galactica, the largest development project in the central part of St Petersburg.
The new stage will consist of two residential buildings with heightened comfort, each with its own underground parking. The expected NSA of the new stage is 73 ths sqm, including 58 ths sqm of residential area. The new buildings will be situated on a separate territory that is conveniently located at the northern end of the Galactica project, in the immediate vicinity of the Baltiyskaya metro station and the Varshavskiy Express shopping mall.
The apartments in this new phase will offer unique open terraces, which will be a perfect place to unwind. They will also have higher ceilings and large windows, giving the apartments good natural lighting. Residents will enjoy additional comfort due to the well-thought out ergonomics of living spaces and large lifts with access to the underground parking. The new stage has been named “Galactica Pro” due to its unique characteristics and good location.
The location of the new buildings stands out due to its proximity to the Obvodnoy Canal Embankment, giving the project good transport accessibility: it is just seven minutes’ walk to several metro stations and public transport stops. The new stage also has convenient access to Moskovskiy Prospekt and the Western High-Speed Diameter highway (WHSD). St Petersburg’s historical centre is also just 5-7 minutes away by car, while the airport can be reached in 15-20 minutes.
Etalon Group plans to complete this stage in 2023.
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.