FGC Group acquired a 1-hectare land plot located on Lobachevsky Street in Moscow from Etalon Group. This is stated in the company's message.
The territory is intended for the construction of a public and business facility. The amount of the transaction was not disclosed.
FGC Group has experience in implementing large office projects. So, in the spring of 2025, the business center on Shenogina Street was put into operation, which was acquired by the structure of the Savings Bank. Currently, FGC Group is completing the construction of the Magistralnaya 12 business center on 5th Magistralnaya Street. At the end of 2026, the facility was acquired by Protek Group of Companies.
The FGC Group of companies specializes in housing construction of all price segments, commercial real estate, transport and social infrastructure. It has been operating on the market since 2005. The company's facilities are represented in Moscow, St. Petersburg, Moscow, Leningrad, Kaluga regions, Krasnodar and Primorsky Territories, as well as in Nizhny Novgorod and the Republic of Tatarstan. The total volume of FGC projects exceeds 19 million square meters. m.
The consolidated revenue of FGC for 2025 remained at the level of the previous year and amounted to 297 billion rubles. Revenue from the sale of residential and commercial facilities increased by 27% and reached 194 billion rubles.
The Etalon Group was founded in 1987. Since 2021, the company has been developing in regional markets and building projects in Omsk, Novosibirsk region, Yekaterinburg, Tyumen and Kazan.
Shareholders as of December 31, 2024: AFK Sistema — 48.8%, Mubadala Investment Company — 6.3%, Kopernik Global Investors — 5%, Prosperity Capital — 4.1%; in free circulation — 35.2%.
As of December 31, 2024, Etalon Group controls 130 legal entities (as of December 31, 2023 — 126).
Etalon Group sold 90 thousand square meters worth 24.7 billion rubles in the first quarter of 2026. The volume of cash receipts increased by 47% to 26.6 billion rubles. compared to a year earlier.
AFK Sistema (TIN 7703104630) is a public diversified corporation.
Share capital structure: 49.2% — individual, 32.6% — shares in free circulation, 15.3% — individual, 2.9% — ordinary shares owned by AFK Sistema Group companies, members of the Board of Directors and management of PJSC AFK Sistema.
AFK Sistema's revenue under IFRS for 2025 increased by 8.3% to 1.33 trillion rubles from 1.23 trillion rubles a year earlier. Adjusted operating profit before depreciation increased by 15.1% to RUB 378.2 billion. The total assets of AFK Sistema Group increased by 3.6% and reached 2.9 trillion rubles by the end of 2025.
AFK Sistema's consolidated revenue under IFRS for the first quarter of 2026 increased by 2.6% to 303.3 billion rubles. compared to a year earlier. Adjusted operating profit before depreciation (OIBDA) increased by 32.1% to RUB 111.4 billion.
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