LSR Group PJSC engages in the development and construction of real estate properties. It operates through the following segments: Building Materials and Real Estate Development & Construction. The Building Materials segment production engaged in the production of brick, concrete and reinforced concrete items, ready-mix concrete, aerated concrete blocks, crushed stone production, land-based and marine-dredged sand extraction, providing of tower cranes services, fleet services. These business units are located in Saint Petersburg, Leningrad region, and Moscow. The Real Estate Development & Construction segment engages in the development of elite, mass-market and business class residential real estate & commercial real estate, panel construction, providing of construction contracting services, transportation of construction materials. These business units are located in Saint Petersburg, Moscow, and Ural region. The company was founded by Andrey Yuryevich Molchanov in 1993 and is headquartered in St. Petersburg, Russia.