About the company

Our History

PIK Group was founded in 1994. Since that time, it has become one of the leading Russian developers of large-scale public housing projects in Moscow, Moscow Region and other Russian regions. The Group deals mostly in prefabricated panel construction, and its priority is construction and sale of affordable housing.

As of December 31, 2016, the Group’s land bank was 12.5 m sq. m. Since its inception, PIK Group has built about 16 m sq. m of residential real estate (more than 270,000 apartments). The company is on the list of strategic enterprises of the Russian economy.

2016
Ресурс 25
PIK Group acquired Morton Group and became the leading Russian residential developer
2015
The introduction of fundamentally new types of houses with improved aesthetic and consumer properties.
2014
Ресурс 8
The Group was recognized by Euromoney, a British magazine, as the best developer of residential real estate in Russia.
2012
Ресурс 3
The National Rating Agency (NRA) assigned an “A” credit rating to the Group.
2009
Ресурс 4
Obtaining state guarantees from Russian Government.
2007
Ресурс 7
Entry into the international financial market (successful IPO on the London Stock Exchange (LSE), RTS (Russian Trading System) and MICEX (Moscow Interbank Currency Exchange)
2005
Ресурс 6
Acquisition of DSK-3 (Moscow Integrated House-Building Factory No. 3)
2004
Ресурс 2
Entry into the markets of the Moscow and Rostov Regions
2001
Acquisition of DSK-2 (Moscow Integrated House-Building Factory No. 2)
1998
Ресурс 10
Launch of mortgage programs in cooperation with the Government of Moscow and partner banks
1994
Ресурс 9
Establishment of Pervaya Ipotechnaya Kompaniya (PIK) (First Mortgage Company), a predecessor of PIK Group

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