SU-155

The group traces its history to 1954, when the entity "Stroymontazhtrest Number 3", later renamed to "Construction Management Number 155", was created in the Glavmosstroy system. In 1993 the entity was transformed into a closed joint-stock company. From the beginning of the 2000s, the Group systematically widened its presence in the country's regions, purchasing or creating building construction companies and manufacturing enterprises.

SU-155 operates in the Central (Moscow and the Bryansk, Vladimir, Ivanovo, Kaluga, Kostroma, Moscow, Ryazan, Tver, Tula, and Yaroslavl Regions), Northwestern (St. Petersburg and the Kaliningrad and Leningrad Regions), Volga (Nizhny Novgorod and Penza Regions), Southern (Volgograd Region) and Siberian (Omsk and Novosibirsk Regions and Krasnoyarsk Krai) Federal Districts - 20 regions in total as of 2014.

SU-155 Group's turnover as of 2013 amounted to 114.2 billion roubles (3.36 billion US$ or 2.46 billion €) (in 2012 - 84.3 billion roubles, and in 2011 - 82.7 billion roubles), including housing sales amounting to 74.8 billion roubles (2.2 billion US$ or 1.61 billion €).

In 2013, the Group built 1.65 million sq. m. of property (in 2012 - 1.43 million sq. m., and in 2011 - 1.3 million sq. m.), including more than 513 thousand sq. m. built outside of Moscow and the Moscow Region, which amounts to almost 31% of the overall amount of construction (in 2012, almost 640 thousand sq. metres was built in the regions, 45% of the overall amount of construction; in 2011 - 500 thousand sq. m., corresponding to 37%). In 2013, the Group beat the industry (and its own) record of 1.51 million sq. m. of housing built by the company in 2009.

The company is the leading property real estate developer in Russia by revenue from property sales in 2013 (by Vedomosti):

Criticism and discussions in the mass media

Construction delays

Throughout 2008–2012, individual companies in SU-155 Group were repeatedly criticized for serious delays in delivering houses, for postponing under various pretexts the settling of residents and finalization of ownership rights over apartments, and for the lack of heating, hot water and electricity in already settled homes for many months. Purchasers of SU-155 apartments held multiple meetings and protests in Moscow.

Claims by the Moscow authorities

In May 2011, SU-155 was subject to criticism from the Mayor of Moscow, Sergey Sobyanin. According to the Mayor, in 2009, the city purchased 187 thousand sq. m. of residential housing for 10 billion roubles (295 million US$ or 215 million €) from SU-155, but by Spring 2011, these residential buildings had not yet been settled and the deficiencies had not been corrected. The Moscow mayor's office initiated a claim in court, but SU-155 was able to prove to the court that the breakdown of construction timeframes was caused by the mayor's office, which delayed in providing a construction zone.

In February 2013, the Department of Economic Policy & Development of the City of Moscow initiated a claim against SU-155 in the Moscow City Arbitration Court, demanding that the company return 3.5 billion roubles (102 million US$ or 75 million €) to the budget. In May 2013, the conflict was resolved by peaceful agreement, in accordance with which the Department of Economic Policy & Development of the City of Moscow maintains its contract with SU-155 and renounces its financial demands. In turn, SU-155 will return 256.5 million roubles (7.5 million US$ or 5.5 million €) to the city budget of Moscow, which the company received as an advance, and will also build 7 out of the 8 planned buildings.

Changes in the planning of already sold structures

In November 2012, the company was subject to criticism for independently changing the designs of several homes in the Novaya Tryokhgorka community: the size of apartments and the shape of rooms were changed. In June 2013, SU-155 signed an agreement with a residents' public interest group (a social charter), which, among other things, secured a return to the initial plans of the apartments, and also the construction of a children's art school for the community's residents, previously not part of the project.