2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
The real estate market in Russia can be called sufficient due to the volume of investments present on it, as well as large enterprises and companies operating here. And without referring to the numbers, one cannot fail to notice the many facilities covering millions of square meters that are regularly put into operation throughout the country every year.
One of the prominent participants in the domestic real estate market is CJSC "SU-155". Customer reviews about the facilities built by the company, as well as recommendations from employees about work, we will describe here in this article. We will also touch upon the issue of the structure of the group, the specifics of its activities.
About company
The Construction Department No. 155 group (or, as the reviews call it for short, SU-155) is a large holding that includes several dozen companies engaged in construction, repair work, production of building materials, special transport equipment, and other enterprises operating in this field.
The history of the group is quite interesting - the management was founded in 1956 under a different name. The joint-stock company referred to in this article, from a formal point of view, wasfounded in 2014. Prior to that, the company operated in the form of a closed joint stock company.
Today, as can be judged from the organizational and legal form of the enterprise, SU-155 belongs to shareholders, the largest of which in terms of share in the company is billionaire Mikhail Balakin. Consequently, he is one of the most influential chairmen of the firm's board of directors. In addition, the shares in the company belong to the General Director Alexander Meshcheryakov, as well as Ilya Mikhalchuk. Information about other shareholders is not so interesting in the framework of this article.
Circular Facility
It is important to note that the history of the company began with a simplified form of activity, when SU-155 was a single legal entity acting on the basis of its statute, which conducted economic activities in the field of real estate. Today it is a group of companies that is able to ensure the execution of contracts without the involvement of third-party contractors. The company can be safely called a closed cycle enterprise for the reason that all the work and materials for their completion are produced by companies that are part of the holding.
The network has a lot of information about each of them, we will not disclose the topic in more detail, characterizing these enterprises. We only note that their number is several dozen legal entities, divided both functionally and geographically. To work on any particular project, the group engages several of these firms, while paying attention to logisticalfeatures, as well as the specifics of the activities of each of them. All companies are divided depending on the areas of influence.
Property
Since the construction of real estate objects is the target activity of the group, it is not surprising that the majority of companies are focused on this particular sector. According to reviews, SU-155 includes several developers from Moscow, St. Petersburg, Omsk, Tula, Volgograd, Kaluga, Ivanovo, Tver and other Russian cities, as well as contractors focused on providing relevant services to these companies (most of them are located in capital). Further, it should be noted transport and financial companies engaged in organizing interaction during the construction process, as well as those engaged in the production of building materials and equipment, supplying relevant products for work.
We will not list all these companies, we will only note that such an organization is very convenient and beneficial for the SU-155. Reviews about the developer, which are left by apartment buyers on specialized forums, for example, indicate a fairly quick delivery of some objects precisely due to the coordinated actions of contractors, developers and material suppliers. This, in turn, has its positive consequences for the company's reputation and favorably affects its future activities.
Industry
Besides construction work and projects in the marketreal estate, MIAT CJSC "SU-155" (reviews of experts confirm this information) is also engaged in the supply of construction equipment, as well as materials for conducting such work. First of all, the orientation of these companies is aimed at ensuring the main activity of the holding - the sale of real estate. However, of course, in addition to this, in order to further their development and increase profits, firms are expanding distribution channels, entering independent economic activities with other counterparties.
Among such enterprises are BioLesProm LLC, Domodedovo Concrete Products Plant CJSC, Master LLC and many others.
Design activities
In addition to the organization of construction, as well as the supply of building materials and equipment, the most important element in the activities of the SU-155 holding (reviews from employees who understand this confirm) are design work. This is obvious: the company can obviously carry out all the projects of objects on its own if there is an appropriate specialized unit in its structure. These are three companies: Design Institute DSK-Proekt LLC, Department of Capital Construction of the Construction Department No. 155 LLC, and SpetsStroy LLC. They allow you to "close" the cycle of construction of real estate and, thus, protect the company's activities as a whole.
Again, as evidenced by the reviews, the SU-155 is able to remain one of the market leaders precisely due to the ability to accumulate a sufficient amount of financial resources, as well as materials and laborstrength in order to complete the projects started, implement them and repeat the procedure. All this is carried out within the normal production cycle between "internal" enterprises, due to which the cost of work, their quality and level of performance increase significantly.
Investment activity
Since the holding operates in the real estate market, it is not surprising that it is constantly involved in investment activities, raising funds for the implementation of projects, as well as reinvesting profits received from the sale of already completed properties. Thus, SU-155 (reviews of employees mention a developed investment department operating in the company) is constantly between huge cash flows plying between third-party investors and directly the companies that fulfill the orders of the holding and are part of it.
Funds are attracted to the structure in several ways at once - more about this is written on the official website of the group. So, firstly, this is the issue of bonds, according to which the holders can further receive income from the company's activities through expansion, development of new facilities and their sale. Second, the firm often uses loans. With their help, production facilities are modernized, refined and the quality of finished products is further improved.
Thirdly, by renting out some ready-made facilities and continuing to build new ones, the company raises funds from individuals. Here it is advisable to mention the practice and equity participation of contributors (persons wishing topurchase apartments after their commissioning); and those who buy the first lines of construction as the developer begins to build new ones, reinvesting the income received. All these mechanisms, as evidenced by the feedback from employees on SU-155, allow the holding to develop.
Customer Reviews
In order to attract new funds and sell more apartments and houses, the company has a transparent policy for its customers. In particular, there is a service on the Internet where everyone can leave their opinion about how the group works, how well the work was done, and whether the SU-155 should be trusted at all. Customer reviews are posted on the forum, which is divided into special sections. They allow you to find built objects in different cities and, thus, find out information on each of them. In transparency, these comments do not cause doubts for the reason that there is no total praise here. Instead, you can even find sometimes negative reviews: SU-155 (Kamenka), for example, delayed the settlement; defects were found in a particular building; did not have time to complete one of the two promised gardens and so on. All this information is available to the public - company representatives do not monitor it, but provide answers to people's questions. And this is a huge plus. So, everyone can learn about the SU-155 customer reviews. Moscow, Moscow region, Leningrad region - all properties of the company are discussed here.
Employee reviews
As for the other component - reviewsemployees of the SU-155 company, they can be found in large numbers on third-party sites. First of all, these are resources that were created specifically for the exchange of experience of employees and opinions about certain companies.
As for SU-155, the feedback from employees about the company is not the most flattering. Despite its sizeable structure and huge potential, the firm has suffered a series of financial setbacks over the past year relating to defaulted obligations to borrowers. In this regard, as the feedback from employees shows, the company stopped paying salaries on time - people are given money in 2-3 months and in small installments, 3-5 thousand rubles each. Some employees of the holding say that they were forcibly transferred to a shorter working day in order to again reduce labor costs. At the same time, no social guarantees were given regarding payments in connection with the reduction in the company.
If you read earlier reviews (SU-155 ran into problems literally at the end of last year), you can also learn about the friendly team, about the great opportunities that are given to employees, about various bonuses and incentives for conscientious performers. The company really seemed like a reliable place to work, with the help of which everyone can provide themselves with a decent life. Perhaps in the near future SU-155 will find funds to refinance debts and continue its rapid activity, but so far the feedback from employees is extremely negative, so we paid less attention to them.
Vacancies
Iftalking about the situation before the crisis in the holding, there were enough free jobs here - both working speci alties and office jobs. Wages were relatively high, although workers with years of experience say there have been occasional delays in the past.
Training and Settlement
But the positive feature of SU-155 from the point of view of an employee is the opportunity to learn and gain experience. In this regard, graduates or those who have just entered the field of real estate and construction would have a unique chance to get a decent start. In addition, one should not forget about the career ladder - in a holding it can be very high.
Bankruptcy
But, as already noted, today the company is going through hard times. The media note that at the end of spring, SU-155 defaulted on bonds issued in the fourth series; in addition, about 20 applications from banks to declare the company insolvent are currently being considered in court.
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