Severstal remains a global leader in efficiency, with the highest EBITDA margin in the steel industry globally, positive free cash flow generation throughout the cycle and a track record of achieving its targets.
To deliver additional growth, the Company has updated its already proven strategy - retaining its fundamental advantages but adding new elements. Severstal's new vision is to be a leader of the steel industry of the future and the first choice for its customers, employees and partners.
To achieve this, the Company is setting out new strategic priorities to distance itself further from its competitors. These are: superior client experience, cost leadership and embracing new opportunities. All three will be supported by Severstal's advanced corporate culture.
Superior client experience - Severstal aims to offer our customers unique selling propositions on each target market;
Cost leadership - Severstal's goal is to achieve a significant cost advantage in basic steel products;
New opportunities - Severstal's objective is to access and consequently benefit from the use of global cutting-edge technology and new business-models.
Implementing this set of objectives will support the Company in reaching its financial target of increasing EBITDA by 10-15% annually for the next 5 years. (This excludes pricing/macro factors.)
PIK Group was founded in 1994. Since that time, it has become one of the leading Russian developers of large-scale public housing projects in Moscow, Moscow Region and other Russian regions. The Group deals mostly in prefabricated panel construction, and its priority is construction and sale of affordable housing.
As of December 31, 2016, the Group’s land bank was 12.5 m sq. m. Since its inception, PIK Group has built about 16 m sq. m of residential real estate (more than 270,000 apartments). The company is on the list of strategic enterprises of the Russian economy.
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.