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Facts and Figures

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 2016 the size of Russian transport infrastructure construction market was ñ. RUB737.1 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 2016 [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 over 60 scientific
  • 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 and head section km 15- km 58), 2014
    • 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
  • Privolzhsky Federal District
  • Siberian Federal District
  • Far Eastern Federal District

Financial highlights [2]

  • 2016 Revenue: RUB 175.2 billion
  • 2016 EBITDA: RUB 18.1 billion

Consolidated backlog

  • RUB 419.0 billion as at 31 December 2016

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]

  • 30,794 employees

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 2016
3 Average headcount for 2016