MOSINZHPROEKT HAS CONFIRMED ITS LEADERSHIP IN RUSSIAN INFRASTRUCTURE CONSTRUCTION SECTOR

The holding implemented a number of unique projects

“Mosinzhproekt Engineering Holding maintains its leadership in the Infrastructure Construction sector of RBC 500 top list of largest companies in Russia. In the overall ranking, the company improved its position by 9 points, ranking 65th”, said Yuri Kravtsov, General Director of Mosinzhproekt JSC.

“For the fifth year in a row, our holding company has been in 100 Top largest Russian companies according to RBC Group ratings and has been improving its position in the rating: the year before last we were in 99th place, last year we were 74th, and this year we moved up to 65th place. Among the organisations involved in infrastructure construction, our company is improving its leadership position and is moving steadily forward,” Yuri Kravtsov stressed.

The head of the Engineering Holding said that a number of unique projects has strengthened its position.

“Major road facilities, new stations and lines of the Moscow Metro, in particular the Big Circle Line, as well as the National Space Center, one of the largest in the world, are now under construction. The portfolio of the group of companies is also enriched by regional projects, such as the creation of a large public space Prityazheniye in Magnitogorsk. At the same time, the main value of our company is a team of professionals capable of solving any complex challenges and applying the most advanced technologies in design and construction, which is internationally recognised ,” Yuri Kravtsov added.

He recalled that this year Mosinzhproekt has also risen by 9 points in the international ranking of the world’s 250 largest construction companies. The holding was ranked 114th in ENR’s 2021 Top 250 Global Contractors.

The company’s projects have repeatedly reached the finals of the prestigious MIPIM Awards. Two of the projects, Zaryadye Park with Moscow Concert Hall Zaryadye and Irina Viner-Usmanova Palace of Gymnastics in Luzhniki, are the winners.

The main indicator for the RBC 500 ranking is net revenues from the previous year, net of VAT, excise duties and export duties. The ranking includes 407 private companies, 75 state-owned companies, seven companies with significant state and foreign ownership, seven private companies with significant state ownership and four private companies with significant foreign ownership.