High liquidity and financial stability

MSU-1 GC has a net financial position of more than RUB 15 billion. As at 2022-end, the Company’s accumulated cash and cash equivalents exceeded RUB 22.3 billion.

The Company is the leader among construction contractors by bank guarantees with major banks. As at 2022-end, our available credit facilities totalled RUB 8.3 billion. The Company has credit facilities with major Russian banks, such as Sber, VTB, and Gazprombank. If necessary, the Company can also promptly obtain funding from FSK Group.

Financial planning and cash flow management

By digitising key business processes, the Company has cut the share of management costs and project overheads by 20% over the past two years. The plan for 2023–2025 is to further reduce their share by 15%–20%.

A higher level of process automation enables lower service rates without affecting the target margins of MSU-1 GC, all while maintaining the financial stability of the business.

MSU-1 GC transparently manages clients’ funds, keeping almost 100% of them in dedicated customer accounts, unavailable for use in the Company’s operations and other projects. Additional assurance that all financial obligations will be fulfilled is provided by the customers controlling their targeted financing.

The Company has built a process to constantly update financial models of projects based on tender results and price changes. MSU-1 GC continuously improves design solutions and passes all relevant expert reviews.