OREANDA-NEWS. On December 4, the winners in key nominations of the leading Business National Award "2007 Company of the Year" were given awards at Gostiny Dvor, Moscow, the company press service announces. LSR Group was recognized as the Award winner in nomination "Construction." Among the companies also considered in the nomination were Don-Stroi and PIK.

The CEO of LSR Group, Igor Levit commented on the event as follows: "I'm proud that LSR Group has received the most prestigious business award in Russia. It is a well-deserved award for our company, we have really done quite a lot this year launching several construction projects such as cement and brick plants in the Leningrad Region and an aerated concrete plant in Ukraine. We have also started up two new concrete plants in Moscow and one concrete plant in St. Petersburg, made operational a new crushed granite plant, and completed a business centre that won first place in nomination "Class A Business Centre — St. Petersburg" in Commercial Real Estate Federal Awards 2007. Certainly, it's not easy to obtain such a high award but it’ll be even more difficult to retain our top position and to keep growing at the same rate. And I believe this should be our main target for the future."