| Russian transport infrastructure construction market |
|---|
|
Current state
|
- Insufficiency and poor quality of existing transport infrastruäcture
- Undeveloped highways cost the economy > RUB1.3tr or 3% of Russian GDP annually
- Russia ranks 123th out of 138 countries on the quality of its road infrastructure
- Only 71% of the total roads length complies with the relevant regulatory requirements for transport and operating parameters
- 7.1 km of paved road per one thousand people (2-3 times lower than in the USA and Canada)
|
|
Comprehensive investment programme and market potential
|
- Need for substantial investment in modernization and overhaul addressed by:
- Comprehensive investment programme developed and being implemented by the State
- Private investments in the sector
- In 2017 the size of Russian transport infrastructure construction market was ñ. RUB916.0 billion
- Highways and bridges, key addressable market for Mostotrest, consistently account for more than 60% of the Russian transport infrastructure construction market.
|
| Mostotrest at a glance |
|---|
|
Leading market share
|
- #1 in Russian transport infrastructure construction market with 14,6% in 2017 [1] market share, including the results of PJSC “Mostotrest”, TSM, Mostotrest-Service
|
|
Experience and track-record
|
- More than 85 years of successful operations
- Constructed more than 6 000 bridges with a total length of approximately 600 km, including over 30 complex transport interchanges
- Holds approximately 60 scientific patents
- Landmark completed projects:
- M-4 «Don» Highway km 517 – km 544 segment (N. Usman and Rogachevka Bypass), 2016
- Businovskaya Traffic Interchange
- M-11 "Moscow – St.Petersburg" highway sections (Vyshniy Volochek bypass, head section km 15- km 58, 4th section km 208 - km 258, 6th section km 334 - km 543), 2014-2018
- Kurortny Avenue Relief Road in Sochi, 2013
- Combined bridge over the Oka River in Nizhny Novgorod, as part of the project to extend Avtozavodskaya metro line, 2013
- M-4 "Don" highway section (Voronezh bypass), 2013
- Bridge over the Don River aligned with Sivers Street in Rostov-on-Don, 2010
- Bridge over the Angara river, Irkutsk, 2009
- Cable-stayed bridge in Serebriany Bor, Moscow, 2007
- Pulkovo traffic interchange, St. Petersburg, 2007
|
|
Diversified construction capabilities
|
- Construction and overhaul of bridges and highways, railways and and railway bridges, airfields and airports, water infrastructure facilities and other infrastructure and non-infrastructure engineering and construction
|
| Presence in the related business segments |
- Design and site preparation, road maintenance and repair, toll-road operation, road concession
|
|
Wide geographic coverage
|
- Central Federal District
- Southern Federal District
- North-Western Federal District
- Siberian Federal District
- Far Eastern Federal District
|
|
Financial highlights [2]
|
- 2017 Revenue: RUB 207.8 billion
- 2017 EBITDA: RUB 15.0 billion
|
|
Consolidated backlog
|
- RUB 319.9 billion as at 31 December 2017
|
|
Subsidiaries
|
- Transstroymekhanisatsia (84%)
- Mostostroy 11 (25.002%)
- Mostotrest-Service (60%)
- Plexy Ltd. (100%), which owns a 50% stake in North-West Concession Company
- Russian Highway Operations B.V. (50%), which owns 100% stake in United Toll Systems
- 15 branches across the country
|
|
Number of employees [3]
|
|
Source: Company data, EMBS Group estimates, public sources
1 Ñalculated as volume of works carried out with the own workforce less other revenue divided by the total transport infrastructure market according to EMBS Group Report.
2 Mostotrest’s Consolidated financial statements under IFRS for 2017
3 Average headcount for 2017
