LSR Group is a real estate and building materials company, established in 1993 in St. Petersburg and operating in a number of complementary market segments.The integrated business model combining two areas of business real estate development and construction and building materials and aggregates provides a strong competitive advantage in the Russian market.The company unites business units for production and transportation of building materials, extraction and processing of aggregates, construction and real estate development from mass-market to elite residential properties.Currently the company operates in three key regions:- St. Petersburg and the Leningrad region,- Moscow and the Moscow region,- Yekaterinburg and the Urals region.LSR Group is an open-joint company, and owns 100% of its subsidiaries.In November, 2007 OJSC LSR Group held initial public offering (IPO) and became a public company today its GDRs are traded on the London Stock Exchange and its ordinary shares are traded on MICEX-RTS.