1. Russian building company
MOSCOW METROSTROY
Russian building company

2. OJSC "Mosmetrostroy" is a versatile multifunctional construction company solving a vast variety of technical issues while executing all sorts of works, tunneling to design and decorating to track-laying to assembling-manufacturing of construction and finishing materials.

3. Corporate Structure

4. The company
Created in 1931 and involved primarily in Metro construction.
One of the leading Russian building companies.
177 stations and 288 km of metro lines, more than 30 km of motorways, auto tunnels and junctions constructed so far.
Large contracts for road construction and successful inroads in building construction business segments.

5. Gennady Shtern – General Director
Key Managers
Gennady Shtern – General Director
Has graduated from Samara Technical University as technical specialist – Bridges and Tunnels;
Has unparalleled experience working for 23 years in metro planning and building in several executive positions.
Evgeny Kashin – First Deputy of General Director
Has PhD in Science from Plekhanov Russian Academy of Economics.
Leonid Astrin – Financial Director
MBA from Kellogg's Business School.

6. Accounting data (for the last 5 years):
Financials
Accounting data (for the last 5 years):
million USD
Index
2004
2005
2006
2007
2008
Turnover
215,1
495,2
558,4
882,6
915,1
Total Assets
100,4
167,6
224,6
578,3
362,6
Current Assets
87,9
119,7
189,7
538,8
253,9
Current Liabilities
79,4
145,0
144,3
370,9
275,5
Profit before taxes
8,3
3,5
2,1
2,3
1,5
Net profit
8,1
2,0
0,4
-1,9
Working Capital
8,5
-25,4
45,5
167,9
-21,6
Equity
18,1
18,7
21,5
23,8
48,7
EBITDA
12,5
6,0
7,9
16,4
27,5

7. Financial Ratios (for the last 5 years)
Financial Conditions
Financial Ratios (for the last 5 years)
Index
Comment
2004
2005
2006
2007
2008
Current ratio
Current assets/
Current liabilities
1,1
0,8
1,3
1,5
0,9
Equity to Total Assets
Equity/Total assets
0,2
0,1
0,04
Financial leverage
Short term bank loans/Equity
2,1
4,5
2,5
3,3
0,4
Return on sales (ROS),%
Net profit/net sales volume
3,8
0,3
-0,2
Return on assets (ROA),%
Net profit/Assets
8,0
1,2
0,7
0,07
-0,5
Return on equity (ROE),%
Net profit/Equity
44,5
10,5
6,9
1,6
-3,9

8. Business Strategy Company Strength
Strengthening its leadership on metro construction market.
Increasing its presence in road construction segment.
Developing its business of construction of underground part of buildings.
Image improve of the company by increasing of quality of works and decreasing of term of construction.
Expanding in Russian regions and abroad.
Participation in tenders spent in Russia and abroad.
Solid core business.
Succesfull and growing in new business segments.
Strong management team.
Strong political support and network in Russia.
Experience with international contracts.
High technical level.

9. Market Share
The share of OJSC "Mosmetrostroy" on Moscow metro construction market is about 67% now and the company plans to hold it.
The share of OJSC "Mosmetrostroy" on Moscow road construction market is about 10%

10. Clients and Projects
The main clients of OJSC "Mosmetrostroy" are federal and municipal government, such as Direction of the Moscow Underground
The second large group of the company clients are general contractors involving "Mosmetrostroy" as a subcontractor
The third group are commercial organizations involving «Mosmetrostroy» in construction of private objects

11. Krasnopresnenskaya motor highway. Tunnel section
Recently completed projects
Krasnopresnenskaya motor highway. Tunnel section
Tunnel – km (with ramp part), m of tunnels were constructed using closed technique and are a structure of 3 tunnels: two for transport with 3-lane motor road in the upper part of the tunnel and subway in the lower part, and one for service.
Earth pressure balanced tunneling with TMB “Herrenknecht” Ø14.2m (transport tunnel) and TMB “Lovat” Ø6.28m (service tunnel)
Execution of all construction works without damaging environment and landscape

12. Krasnopresnenskaya motor highway. Guyed Bridge “Zhivopisny”
Recently completed projects
Krasnopresnenskaya motor highway. Guyed Bridge “Zhivopisny”
The unique arch over the Moskva River with 409 span and hanging 2-level ellipsoid with panoramic glazing, a viewing point and a restaurant.
Type of the bridge: cable-stayed, the suspenton arche is central-positioned. total length: 1372,5 m, main span: 409,5 m, traffic area width: 45 m
The bridge was awarded the Gold Medal at the International Exhibition in Brussels.

13. Recently completed projects
Lyublinsko-Dmitrovskaya line of metro (section «Chkalovskaya- Trubnaya»)
The tunnel section – 3,72 km.
Drill and Blast excavation
Works close to working metro lines
Complex interchange schemes for operating stations
Two deep unique metro stations: “Trubnaya” and “Sretenskiy bulvar”

14. Projects in progress GREATER ISTANBUL WATER SUPPLY PROJECT
Bosphorus Tunnel Completion Construction
The Bosporus Tunnel will provide the connection between Asia and Europe across the Bosporus Channel.
Total length of proposed Bosporus tunnel is about 5500m of which some 1500m below sea water body.
The tunnel planned to be constructed as a single bore with an excavated diameter of some 6.11m for TBM section and 5.14m for conventional section allowing a final reinforced concrete lining to be placed with a 4.0 m internal diameter.

15. Projects in progress
Lyublinsko-Dmitrovskaya line of metro (section «Trubnaya - Maryina Roshcha»)
The tunnel section – 2,96 km. Tunnel diameter - from 5.5 m to 10.0 m.
Two deep unique metro stations: “Dostoevskaya” and “Maryina Roshcha”
Drill and Blast excavation. Support is cast iron and reinforced concrete tubes.
Works close to working metro lines
The beginning of works in The end of works in 2009.

16. Arbatsko-Pokrovskaya line of metro (section «Strogino-Mitino»)
Projects in progress
Arbatsko-Pokrovskaya line of metro (section «Strogino-Mitino»)
The tunnel section – 6,8 km. Tunnel diameter – 5.5 m.
3 metro stations constructed by cut and cover method.
The section has the metro bridge across the Moskva River between the stations of “Myakininskaya” and “Volokolamskaya”
Earth pressure balanced tunneling with shield mechanized complexes.
The end of works in 2009.

17. Future Projects Metro construction: Road construction:
Lyublinsko-Dmitrovskaya line – 12,37 km long
Mitinsko-Stroginskaya line – 8,5 km
Kalininskaya line – 3,23 km
Tagansko-Krasnopresnenskaya line – 3,38 km
Zamoskvoretskaya line – 2,9 km
Solncevskaya line – 25,76 km
Road construction:
Central Ring highway (CKAD) – constructed in Moscow suburbs
Moscow – St. Petersburg highway
Fourth Transport Ring of Moscow