News

Setl City (part of Setl Group) was recognized as the best taxpayer at the competition “Best Construction Company / Construction Material Maker / Construction Industry Company in Leningrad Oblast 2017.” The company remitted 511,756,000 rubles of taxes to the Oblast budget in 2017. In all, over the years of Setl City’s operation in Leningrad Oblast, its amount of actually paid taxes was over 2 billion rubles.

Setl City (part of Setl Group) commissioned Stage Two of the “Neva Sails” comfort class residential estate in Nevsky District of St. Petersburg. The project is being implemented in a picturesque place, right on the Neva riverside.

 

A new general education school has appeared in Krasnoselsky District. Setl City (part of Setl Group), at its own expense, built the facility for 1375 students with two swimming pools in the Sunny City residential estate. The new school is at 173 Prospekt Veteranov, Block 4, Bldg. 1. Its opening is scheduled for September 1, 2018.

On August 2, 2018 Setl Group LLC fulfilled its obligation to pay the 3rd coupon of the Series 001Р bond issue 001Р (ISIN code: RU000A0ZYEQ9) placed under the approved Exchange-Traded Bonds Program, to a total amount of 25 billion rubles.

The memorial sign “Triumph of the Russian Navy” was ceremonially opened today in Anchor Square of Kronshtadt. The ceremony was attended by the Governor of St. Petersburg Georgiy Poltavchenko, Andrei Kartapolov, Commander of the Western Military District, Deputy Commander of the Russian Navy Alexander Fedotenkov, and Maxim Shubarev, Chairman of the Board of Directors of the Setl Group holding (sponsor of installation of the sign).

Upon completion of GreenLandia-1 and GreenLandia-2 projects of Setl City (part of Setl Group), 8 new built-in kindergartens and 2 general education schools in all will open in Murino. Two kindergartens for 100 and 140 kids at 6 Vorontsovsky Boulevard and 13 Mendeleev Boulevard are already in operation. A school for 1175 students has been commissioned; its opening is scheduled for September 1.

On the Navy Day celebrated on the last Sunday in July, the memorial sign “Triumph of the Russian Navy” will be ceremonially unveiled in the center of Kronshtadt. Its installation is timed to coincide with several important dates in Russian history at once: 330 years from the day of discovery of the small boat St. Nicholas by young Peter I, and 295 years from the day of founding the Kronshtadt Fortress and from the day of the first naval parade featuring the Small Boat.

The sales of Setl City (part of Setl Group) in the first half-year grew by 12.1% in money terms as compared to the similar period of the last year, reaching 32.26 billion rubles.

The construction of the eighth stage of the comfort class Sunny City residential estate in Krasnoselsky District of St. Petersburg has started. The community already has a working kindergarten for 220 kids with a swimming pool. Currently, Setl City (part of Setl Group) is setting up a well-furnished green park close to the estate; the project is implemented at the company’s estate.

S&P Global Ratings has confirmed the Setl Group holding’s public rating at B+. The rating outlook is “Stable.” Currently, the international В+ is the highest public rating in Russia by S&P Global Ratings for developer companies.

Setl City (a company of Setl Group) will restore at its own expense an architectural monument – G.I. Vege’s mansion at 38, Oktyabrskaya Embankment, which is now in a dilapidated condition. The developer has already signed a preservation commitment prepared by the Committee for State Control, Use and Protection of Historical and Cultural Monuments (KGIOP).