OJSC Mosmetrostroy (Russian: Мосметрострой, abbr. of "Moscow Metro Construction [Department]") is a major Russian construction company,[3] which deals with solving engineering problems related to performance of a wide range of under and above-ground works.[citation needed] The company is the successor of the Metrostroy Department formed in 1931 to set a new branch of construction industry — metro and tunnel construction.[4] In eight decades Mosmetrostroy has constructed 180 metro stations in Moscow[5] along with implementing its projects throughout the post-Soviet space and abroad.[citation needed] At the present moment Mosmetrostroy acts as general contractor building metro stations in Moscow[6] and has won a contract to construct a segment of Mumbai Metro Rail's underground line.[7] via a joint venture with Hindustan Construction Company Ltd.
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| Company type | OJSC |
|---|---|
| Industry | Construction |
| Founded | 1931 |
| Headquarters | Moscow, Russia |
Area served | Worldwide |
Key people | Sergey Zhukov (General Director)[1] |
| Products | tunnels, metro stations |
| Revenue | $496 million[2] (2017) |
| $41.3 million[2] (2017) | |
| $12.4 million[2] (2017) | |
| Total assets | $1.04 billion[2] (2017) |
| Total equity | $484 million[2] (2017) |
Number of employees | 9,000 (end 2011) |
| Website | metrostroy.com |
Earlier it had been awarded two contract packages to performing tunnelling and station construction in consortium with Gammon India Ltd. in Chennai, India.[8][9][10] However it abandoned the Chennai Metro Rail project partway through after its requests for cost escalation were denied. The contract was terminated, and the subsequent court case allowed re-tendering of the remaining work to other vendors [11][12]
See also
References
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