ETALON GROUP PLC (“Etalon Group” or the “Company”), one of Russia’s largest and longest-established development and construction companies, announces the delivery of the Etalon on the Neva residential complex in St Petersburg. The property includes 16 multi-storey residential sections, underground parking and amenities. The project’s total NSA is 76 ths sqm, including 60 ths sqm of residential and commercial real estate.
The residential complex was built in the historical part of the Nevskiy district on an embankment of the Neva River. Thanks to its location at the bank of the river, the property offers outstanding views. One of the project’s features is its uncommon apartment layouts: one- and two-level “urban villas” with direct access to the grounds surrounding the property and the Neva embankment, as well as apartments with large patios. All the necessary amenities can be found within walking distance from the residential complex. Etalon on the Neva is a five-minute walk from the Elizarovskaya metro station and a 15-minute drive from the historic city centre. The site’s proximity to the Alexandr Nevskiy and Volodarskiy bridges provides convenient access to major transport routes.
The project is in high demand among buyers: at the time of delivery, more than 75% of the property’s NSA had been sold. Including the Etalon on the Neva complex, the Company has delivered 184 ths sqm since the beginning of 2021.
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 37 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 2024, Etalon Group’s new contract sales totalled 699 ths sqm, or RUB 146.2 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.