Setl Group is at the Top of the Rating of Reliable Developers according to the City 812 Magazine
2018 september 20
Setl Group is in the first line in the rating of the most popular and reliable developers in St. Petersburg and Leningrad Region, and Maxim Shubarev, holding company’s Chairman of the Board of Directors has been recognized as the developer of the year. The rating has been prepared by the City 812 magazine based on the results of a questionnaire survey of experts, i.e. market participants and independent analysts. The experts were asked to evaluate the biggest construction companies using a number of criteria, including the timing of site commissioning and the fulfilment of obligations to construction co-investors. Following the voting results, Setl Group became the undisputed leader in the category "Developer, to Whom You Would Apply if You Wanted to Buy Real Estate in the Newly Built Housing Market of St. Petersburg and the Region." The experts have also awarded to Maxim Shubarev, head of the Setl Group holding company, the title of the developer of the year and noted that he has been managing his company in a most skilful way. Thus, in the first half of this year, the gross profit of the Setl Group holding company amounted to 7.2 billion, which is 45% more than in the same period last year; the net profit increased by 55% relative to the first half of 2017 and amounted to more than 1.5 billion rubles. The sales of Setl Group increased by 12.1% in monetary terms as compared to the same period of the last year and reached 32.26 billion rubles.
Companies of Setl Group holding