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LSR Group

February 24, 2011

LSR Group to construct hospital

OOO LSR Stroy (a subsidiary of LSR Group) has signed a contract with the Chief Army Support Department for design and construction of a military hospital in Anapa, the Krasnodar Region of Russia. The total value of the contract is RUB 2,991 million (including VAT).

The hospital is to be built for the needs of the Russian Ministry of Defense to provide high-quality medical care for military personnel and their families in the Krasnodar Region. The size of the land plot designated for the construction is 7.2 ha. According to the contract, the start of construction is planned for autumn 2011. The project completion is scheduled for December 2013.

LSR Group plans to attract the best European companies specialising in health care facilities for design and construction works as well as to supply medical equipment.

The design concept of the new hospital combines an innovative architectural solution with advanced medical equipment, which makes the project unique for Russia. The project is based on the experience of similar projects in the European countries.

The key distinguishing feature of the project is a modular structure which allows, if necessary, to expand the hospital area and build additional blocks along the central corridor which connects all the blocks of the hospital. The central corridor provides easy access to all hospital’s blocks both for medical personnel and patients, which is especially important in emergency situations.

Alexandr Vakhmistrov, Chief Executive Officer of LSR Group, comments:
“Our company is entering the new market segment – project management in construction of major public infrastructure projects. We believe that this new business line is very promising for the growth of our business taking into account the plans of the government for infrastructure development.
The fact that our company has been chosen for the construction of one of the most modern healthcare facilities in the country demonstrates the recognition of our professionalism and reliability.”




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