Mosmetrostroy

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Mosmetrostroy

Company type	OJSC
Industry	Construction
Founded	1931
Headquarters	Moscow, Russia
Area served	Worldwide
Key people	Sergey Zhukov (General Director)^[1]
Products	tunnels, metro stations
Revenue	$496 million^[2] (2017)
Operating income	$41.3 million^[2] (2017)
Net income	$12.4 million^[2] (2017)
Total assets	$1.04 billion^[2] (2017)
Total equity	$484 million^[2] (2017)
Number of employees	9,000 (end 2011)
Website	metrostroy.com

OJSC Mosmetrostroy (Russian: Мосметрострой, abbr. of "Moscow Metro Construction [Department]") is a major Russian construction company,^[3] which deals with solving engineering problems related to performance of a wide range of under and above-ground works.^{[citation needed]} The company is the successor of the Metrostroy Department formed in 1931 to set a new branch of construction industry — metro and tunnel construction.^[4] In eight decades Mosmetrostroy has constructed 180 metro stations in Moscow^[5] along with implementing its projects throughout the post-Soviet space and abroad.^{[citation needed]} At the present moment Mosmetrostroy acts as general contractor building metro stations in Moscow^[6] and has won a contract to construct a segment of Mumbai Metro Rail's underground line.^[7] via a joint venture with Hindustan Construction Company Ltd.

Earlier it had been awarded two contract packages to performing tunnelling and station construction in consortium with Gammon India Ltd. in Chennai, India.^[8]^[9]^[10] However it abandoned the Chennai Metro Rail project partway through after its requests for cost escalation were denied. The contract was terminated, and the subsequent court case allowed re-tendering of the remaining work to other vendors ^[11]^[12]

References

^ "Интервью генерального директора ОАО "Мосметрострой" Е. И. Кашина в газете "Ведомости" (Ведомости, № 49): "Я НЕ ФРОНТУЮ ЧИНОВНИКОВ"" (in Russian). Vedomosti. 2012-03-20. Archived from the original on 2013-06-16. Retrieved 2012-07-01.
^ ^a ^b ^c ^d ^e "Бухгалтерская отчётность". Retrieved 1 November 2018.
^ "Мосметрострой достался Когану и пapтнеpу Абрамовича" (in Russian). Reuters. 2012-12-23. Archived from the original on 2014-09-21. Retrieved 2012-07-01.
^ "The Moscow Metro: Russia's Tube". Daily Telegraph. 2009-07-06. Archived from the original on July 10, 2009. Retrieved 2012-07-01.
^ "Stalin's metro sold by govt for $247 mln -sources-UPDATE 1". Reuters. 2010-12-24. Retrieved 2012-07-01. Note: Mosmetrostroy has built 182 metro stations according to the source, 177 according to the company website.
^ "PRESS DIGEST - Russia - Nov 30". Vedomosti. 2011-11-30.
^ "Russian company bags Mumbai metro project". Russia & India Report. 2016-07-13. Retrieved 2017-02-07.
^ "Gammon India to build Metro tunnels, stns along Anna Salai". The Times of India. 2011-02-23. Archived from the original on 2011-05-24. Retrieved 2012-07-01.
^ "Gammon India Limited's JV With OJSC Mosmetrostroy Got Two Contracts-DJ". Reuters. 2011-02-22. Retrieved 2012-07-01.
^ "Gammon India Limited's Gammon-OJSC Mosmetrostroy Secures Two Contracts For Chennai Metro Rail Limited". Reuters. 2011-02-20. Retrieved 2012-07-01.
^ "Trouble with Russian contractor & court battle: Why Chennai Metro rail is caught in a controversy". The Economic Times. Retrieved 2017-02-07.
^ "Madras HC allows Chennai Metro to go for re-tender". Business Standard. Retrieved 2017-02-07.

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