15 Facts About PIK Group

1.

Since its establishment in 1994 PIK Group has built more than 30 million m2 of housing, providing apartments for more than 2 million people.

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2.

PIK Group operates in 15 regions of Russia, with a focus on Moscow and the Moscow region.

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3.

Pervaya Ipotechnaya Kompaniya, subsequently renamed "PIK Group", was founded in 1994 by Yuri Zhukov and Kirill Pisarev.

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4.

In 2005, PIK Group bought from Inteco another major Moscow housebuilding combine — DSK-3, with a capacity of 5.

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5.

In 2006, PIK Group acquired the Stroyinvestregion company and began to expand its real estate development activities across Russia, with projects in cities such as Kaliningrad, Yaroslavl, Kaluga, Obninsk, Nizhny Novgorod, Taganrog, Novorossiysk, Perm and Omsk.

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6.

In 2007, PIK Group bought Reinforced Concrete Structures Combine No 480, located in the town of Aleksin, Tula Region.

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7.

In June 2017, PIK Group delisted from the London Stock Exchange and consolidated its share trading on the Moscow Exchange.

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8.

In mid-2016, it was announced that PIK was to purchase the Morton Group — one of the biggest real estate developers in Russia.

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9.

PIK Group specializes in the construction and sale of comfort-class residential real estate, primarily in the industrial housebuilding segment, and is a leader on the Russian real estate market.

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10.

PIK Group is active in 15 regions of Russia, with a focus on Moscow and Moscow Oblast.

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11.

PIK Group has approximately 13,000 employees and is accredited with 18 major Russian banks.

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12.

PIK Group has its own design bureau and modern manufacturing facilities, enabling it to adapt flexibly and rapidly to the needs of the market.

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13.

Together with AFA landscape bureau, PIK Group created Russia's first PlayHub children's playground in the grounds of the Buninskiye Luga residential district.

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14.

PIK Group has completed construction of over 20 multi-story buildings and handed over 3,330 apartments to such investors.

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15.

From January 2015 to August 2022 alone, PIK Group built 24 schools and 59 kindergartens, creating 32,162 places in child education establishments.

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