LONDON: Etalon Group Plc, one of Russia’s largest and longest-established development and construction companies, announced that it was named Developer of the Year at the prestigious 2019 Urban Awards, where two of its projects in St Petersburg were also recognised for excellence.

The Urban Awards ceremony is the leading professional awards nomination in Russia’s residential development sector. Developer of the Year is given in recognition of a company’s successful performance, contribution to the growth of the construction industry and consistent leadership in improving standards for residential real estate development.

Etalon Group’s Petrovskiy Landmark project won two awards: Best Business Class Project Under Construction and Best Newcomer 2019. The Company’s Fusion project won special recognition from Mitsubishi Electric for Implementation of Modern Technologies in Development.