The history of the group is the story of one person and a large team of like-minded people who have decided to invest their knowledge and skills in creating new products and technologies. It starts in 2013, when the group’s founder, Andrei Birzhin, announced the creation of the Glorax Group investment fund, investing in real estate projects, infrastructure solutions, industry, hotel business, social facilities and IT projects. We are pleased to share with you the main events that occurred during this time.
January: Glorax Development in the list of leaders in terms of revenue in St. Petersburg. Andrei Birzhin held the annual meeting of the leaders of the Glorax Group. Residential complex “Olimp” was put into operation. The athlete of Glorax Life has headed a rating of the best swimmers in Russia. The website of the sports direction Glorax Life is launched.
- Glorax Development Company at the end of 2018 entered the TOP-10 developers in the region in terms of revenue.
- An annual meeting of the Glorax Group was held in Moscow, which was attended by top managers and heads of business units of the companies in the Group. At the event, the founder of the Glorax Group, Andrei Birzhin, was the first to take the floor. He summed up the main results of last year and outlined the Group’s strategic goals for the medium term.
- The Glorax Development Company has received permission from the State Construction Control Service to put into operation three buildings of the first stage of the residential complex “Olimp”, located in the suburban town of Khotkovo.
- Swimming Federation “Masters” annually publishes a rating of the best swimmers in Russia. According to the results of 2018 in the category of “Active mastery” the rating was headed by Andrei Kurnosov, a member of the Glorax Life corporate team.
- The sports direction of Glorax Life, promoting the values of a healthy and active lifestyle, launched a website https://glorax.life/.
December: Glorax Group opens a network of children’s dental clinics CrocoDent. Representatives of the Glorax Group participate in «Digital week in the Moscow region 2018»
- Glorax Group invests in the creation of a Federal network of children’s dental clinics CrocoDent. The total investment of the Group in the medical field will be more than 500 million rubles. The first capital center will open in April 2019 at Shmitovsky proezd, 3.
- As part of the strategy of finding promising solutions in the field of high-tech products and IT-development Glorax.IO experts took part in the “Digital Week in the Moscow region 2018”, which brought together members of the Federation Council of the Russian Federation, representatives of federal ministries and departments, top managers of leading Russian and foreign corporations.
November: Glorax Development enters Moscow market. The founder of Glorax Group Andrei Birzhin gave an interview to the publication “RIA Realty”. Swimmer of Glorax Life took 5 gold medals.
- The development company Glorax Development acquired a land plot for the construction of a residential quarter in Moscow on Nizhegorodskaya street, 74. The construction of the residential complex will begin in 2019. Representatives of the Glorax Group took part in the Russian fitness week MIOFF-2018. Glorax Development entered the TOP-5 largest developers of St. Petersburg.
- The founder of the investment holding Glorax Group, which includes a company Glorax Development, one of the largest developers of St. Petersburg, gave an interview to the publication “RIA Realty”. Andrei Birzhin spoke about seven business areas and further plans for the development of the Group.
- Andrey Kurnosov, a master of sports in swimming, a professional swimmer and a member of the corporate team Glorax Life (a part of Andrei Birzhin’s Glorax Group), took part in the XXV Open Swimming Cup of Russia in the Masters category. The athlete won a plenty of medals in different races – 5 gold, 2 silver and 1 bronze.
- Representatives of the Glorax Group took part in the Russian fitness week MIOFF-2018, the largest industry event that brought together experts from 19 European countries and 200 Russian cities.
- The company Glorax Development entered the TOP-5 largest developers of St. Petersburg according to the “Kommersant” publishing house. The rating of the companies was compiled jointly with the Academy of Real Estate (ARE) based on the analysis of activities of developers over the past year and a half.
October: an industrial Park was created on the basis of the “Electroizolit” plant. Ligovsky City is recognized as the best large-scale project. PJSC “Electroizolit” presented its own products at the “Ural Energy” exhibition. Glorax Life runners took part in the Black Sea Half Marathon. Glorax.IO experts performed at the master-class “Blockchain in China, investments and trends”.
- PJSC “Electroizolit” is included in the register of the State system of industry. An industrial park has been created on the basis of the plant, which will make it possible to organize a significant industrial cluster with great technical potential in the Moscow region.
- The project Ligovsky City of the company Glorax Development won in the nomination “City in the city” according to the version of the prestigious Russian award RREF Awards-2018.
- The “Electroizolit” plant for the first time took part in the exhibition ”Ural Energy -2018”, presenting its own products for the energy industry. This exhibition and the Russian Energy Forum are the most large-scale events of the energy industry in the Volga and Ural districts.
- Members of the Glorax Life running team overcame the classic distance of 21.1 km, taking part in the Black Sea Half Marathon. This sporting event was held for the first time.
- In the framework of the strategy of searching promising high-tech solutions, the expert group Glorax.IO, consisting of analysts, IT developers and marketers, took part in the master-class “Blockchain in China, investment and trends”.
September: Glorax Development is the first in the ranking of the most rapidly developing construction companies. A business trip to the PRC was held for a meeting with a large Chinese investment fund. A swimmer of the Glorax Life corporate team set a Russian record and won the European champion title.
- According to a survey of the “Gorod 312” magazine, Glorax Development is recognized as the fastest growing construction company in St. Petersburg and the Leningrad Region. Independent experts and market players evaluated the number and scale of new projects, as well as the land bank increase. Furthermore, Ligovsky City and Grand House projects were awarded in a number of nominations, and Golden City was named the most ambitious project being built in the Northern capital.
- Representatives of the Glorax Group held a series of meetings with a large Chinese investment fund, during which mutual interests of the two parties were identified and entry points for further engagement were determined.
- In September, the Glorax Life team took part in a number of sporting events. In Slovenia at the European Aquatics Championships a professional swimmer Andrei Kurnosov won two gold and one silver medals. In 4 × 50 metres medley relay (crawl) athlete set a new Russian record. Ekaterina Mamicheva also won a bunch of medals, having successfully performed at the annual powerlifting tournament in memory of Mikhail Dindikov. And the running team of Glorax Life ran a marathon distance of the most ambitious race of the country – the Moscow Marathon.
August: group strengthens work in blockchain segment
- The expert group Glorax.IO for finding and attracting specialists to work on innovative projects took part in the largest blockchain conference in America. The group is actively developing its work on searching and accelerating of forward-looking IT start-ups.
July: a new peak, three gold medals in the bank of a corporate team and a decade of the Fitness Center “Olimp”.
- The Glorax Life team raised the corporate flag over Mont Blanc – the highest peak in Western Europe. The swimmer of Glorax Life brought three gold medals at once from the competition in Italy.
- The sales of apartments in the new Grand House complex started, and on the site of the 2nd stage of the “English mile”, students, future builders, began to adopt the experience of professionals.
- Fitness Center “Olimp” celebrated a decade, gathering over 500 lovers of a healthy lifestyle on its territory. An Open Competition on Fitness Bikini and Men’s Physique, a number of outdoor workshops and raffles of prizes and gifts from the club and partners was organized.
June: summer of great achievements
- Glorax Development, a part of Andrei Birzhin’s Glorax group, became the winner in the main nomination – “Developer No.1”, as well as the award “Regional object No.1” for Ligovsky City.
- Glorax Development, a part of Andrei Birzhin’s Glorax group, announces the launch of the Grand House premium-class project in the center of St. Petersburg.
- The direction of investments in IT startups is actively developing. Experts are invited to participate in the blockchain conference in the Federation Council.
May: New high-tech direction of the group
- In connection with the development of new areas of Glorax activity, the group has intensified the search and involvement of specialists to work on innovative projects.
- Representatives of the group on search and acceleration of innovative projects took part in The Russian Blockchain Week 2018 held in Skolkovo.
April: Golden City – project of the year. Andrei Birzhin takes part in the meeting of the Board of Trustees of the Lavra. “Electroizolit” celebrates its 80th anniversary.
- The Golden City project of the Glorax Development company won in the nomination “Business Class project of the year in St. Petersburg” according to the prestigious Move Realty Awards 2018.
- The founder of Glorax Group, Andrei Birzhin, took part in the meeting of the Board of Trustees of the Holy Trinity St. Sergius Lavra and the Moscow Theological Academy, which was held in Sergiev Posad near Moscow.
- “Electroizolit” plant participated in the international specialized exhibition of electrical equipment “Electro-2018” and congratulated the partners on the 80th anniversary of the plant.
March: “Electroizolit” represents import-substituting products. Glorax Development at MIPIM in Cannes. The swimmer of the corporate team took a series of gold medals in France. The group is interested in the blockchain segment.
- The “Electroizolit” plant took part in the “Composite-Expo 2018” exhibition. The company presented at the exhibition the most promising areas of its activities in the framework of import substitution programs. Traditional interest for domestic consumers is caused by layered plastics and products from them, unsaturated polyester resins and other composite materials.
- Glorax Development presented its flagship projects as part of the business program of the delegation of the Government of St. Petersburg at the largest international real estate exhibition MIPIM-2018.
- Andrei Kurnosov, a member of the Glorax Life corporate team, won three gold and one silver medals at the French Open Swimming Championship in the Masters category.
- Announced the creation of a working group on the search and acceleration of promising projects in the field of blockchain technologies, as well as startups in the field of interests of the group. Representatives of the company took part in the largest blockchain forum in Europe.
February: Glorax Development entered the TOP-5 developers of St. Petersburg. The start of implementation of a new business-class project.
- The Glorax Development company, a part of Andrei Birzhin’s Glorax Group, by the end of 2017 entered the TOP-5 developers of St. Petersburg in the volumes of new construction. Having doubled the indicators, the developer demonstrated one of the best results among the companies in the region. The total investment portfolio over the past year has grown to 2.5 million square meters.
- Glorax Development is launching a new business-class project in St. Petersburg. The company has signed an agreement on the acquisition of land in the city center and begins the implementation of a new business-class project. The residential complex with the author’s architecture will be built on a plot of 0.8 hectares in a prestigious location, on Telezhnaya street 17-19, in the immediate vicinity of Nevsky Prospect. The volume of investment in the project will be about 2.3 billion rubles.
January: The group’s strategy for the coming years has been prepared and announced. The swimmer of a corporate team won an international competition in the Netherlands.
- The annual meeting of the Glorax Group business units heads was held. In the speeches of the business units heads, the tasks for 2018 were outlined, which is destined to become the most important period in the development of the group. The event was opened by the speech of the founder of the Glorax Group, Andrei Birzhin. In his report, he defined the strategic goals of the group in the coming years, including – occupying leading positions in the real estate, industrial and high-tech sectors. Particular emphasis was placed on expanding our presence in international markets.
- Andrey Kurnosov, a member of the Glorax Life corporate team, brought a whole placer of medals and two international records at the Open Swimming Cup of the Kingdom of the Netherlands (Open Dutch Masters Swimming Championships -2018) from the Dutch city of Terneuzen.
Plant ”Elektroizolit” (part of Andrey Birzhin’s Glorax Group) participated in Russia’s largest international
industrial exhibition ”Innoprom-2017”, presenting the whole range of products of own production.
Golden City, the project of Glorax Development company, a member of Andrey Birzhin’s Glorax group, became the winner of Urban Awards 2017 in the “Harmonious integration of the project into the environment” nomination. The jury appreciated the advantages of the business-class residential complex on the shoreline of the Gulf of Finland, especially the author’s architectural concept (on which architects and designers from the Netherlands and Russia have been working), as well as a unique project of landscaping.
A member of Andrey Birzhin’s Glorax group Glorax Development company announced the start of The Golden City project construction in St. Petersburg. On the alluvial areas of Vasilievsky island there will be built six blocks of residential and commercial properties with a total area of 450 thousand square
Residential complex ”Olymp”, the Glorax Development company’s project, a member of Andrey Birzhin’s Glorax group, became the winner of the "Records the real estate market" award. The project was recognized as the best in the ”Residential district of the Moscow region №1” nomination.
Analytical service Glorax Group together with representatives of the sports complex ”Olymp” (Moscow region) carried out a study of the relations of the inhabitants of Moscow, St.-Petersburg, the Moscow and Leningrad areas to doing sports and fitness. The results of the study will be taken into account in the implementation of investment programs for creating a chain of fitness centers.
”Elektroizolit” plant declares available capacities for the development of low-tonnage chemistry and reports on the implementation of the import substitution program.
Residential complex ”Angliyskaya milya” (The English Mile) became the winner in ”Class-comfort project of the year in St.Petersburg” nomination of Move Realty Awards.
”Elektroizolit” plant was confirmed by international quality standards two certificates: ISO 9001:2008 and ISO 14001:2004, which suggests that the quality control of manufactured products at the enterprise corresponds to requirements of the world market.
Glorax Development announces investments in the amount of 2.5 billion rubles to the implementation of the residential complex ”Olymp” in Sergievo-Posadsky district (Moscow region). On a plot of 3.6 hectares it is planned to build comfort-class housing, the total construction area is 60 000 sq. m.
Golden City – a development project – won the prestigious Urban Awards in the ”Premiere of the year” category.
This award is usually given to significant projects that have come on the real estate market in 2016 and have become popular among potential buyers.
October – Glorax Life
Start of a new direction — Glorax Life – that is to promote a healthy and active lifestyle and associations of people living with activities, achievements and travelling. In the zone of interests of Glorax Group there are social and cultural initiatives, interesting events.
Construction company Glorax Development in the list of the 10 most active and stable developers in the region, analyzed by the ”Kommersant” publishing house and the Academy of Real Estate (ARE).
April – Glorax Hotels: New perspectives
The opening of a new direction – Glorax Hotels – with the aim to gain a foothold in the international tourism market. An innovative business concept is developed. There have been negotiating about purchasing hotels in some of the most prestigious tourist areas of Europe (Switzerland) and Asia.
March — The rapid growth: New production
The new direction of ”Elektroizolit” plant – the production of foiled dielectrics, which is widely used in all industries, especially in electrical engineering, power engineering, electronics and radio engineering.
January — Glorax Infotech: A new office opening in Palo Alto, United States
The opening of an office in Silicone Valley, USA. The creation of a new model for the innovative projects’ development. The beginning of 4 unique products and services for the consumer and enterprise sectors, using cloud technologies, development.
October — The official establishment of Glorax Group
The creation of the Glorax Group, bringing together all areas of Capital, Development, Energy, Infotech, Infrastructure and Racing.
July — Social work of Glorax Group
The Patriarch of Moscow and all Russia Kirill gives Andrey Birzhin the order of St. Sergius of Radonezh for his services in the field of philanthropy: Glorax Group financed the reconstruction of the Trinity Sergius Lavra and the construction of the Temple of St. Sergius of Radonezh.
April — Construction of the Park in Krasnoznamensk
Financing of works on improvement of the city Park the city of Krasnoznamensk in celebration of the 80th anniversary from Yuri Gagarin birthday.
October — Creation of Glorax Capital
Creation of a new direction for the Glorax Capital company that combines the financing and development of projects and facilities of the company.
June — Creation of Glorax Racing
The creation of the Glorax Racing team for participating in the GT championship racing series. The team successfully participated in racing cars Ferrari 458 Italia GT3. Later Andrey Birzhin became the winner of the race of the Blancpain Endurance Series and entered officially the verified list of racers from the FIA.
June — Creation of Glorax Infotech
The company decided to actively finance and develop the direction of information and high technology. Several unique online and mobile services got their start.
January — Glorax Energy Development: The growth of Elektroizolit plant
The rapid growth of Elektroizolit factory production, market share of which reached 39% and thus made it one of the leading Russian manufacturers of electric materials.
June —Glorax Infrastructure development: Mosavtodor and partners
The acquisition of the asphalt plant Ammann and PJSC Mosavtodor and partners, the largest in the Moscow region, the company in the region that provides centralized management of road construction, bridge construction and coordination of a full cycle of road construction works. The founders of the company were The main department of Management of highways of the Moscow region “Mosavtodor” and more than 60 of the road organizations in the capital region. In the future ”Mosavtodor and
partners” became the founder of more than ten road and bridge construction organizations in the Moscow region.
Within two decades, the company ”Mosavtodor and partners” coordinated full scope of road construction works in the Moscow region, implement works on construction, reconstruction of roads and artificial structures on the territory of Central, North-Western and Southern districts of the Russian Federation.
Start of construction of residential complexes, business-class “Akvarely” and “Da Vinci”. They are located in prestigious areas of Moscow region and feature rich infrastructure: they include parks, recreation areas, sports and playgrounds. The architecture of homes built on an individual project combines the original facades and panoramic glazing and a carefully planned layout.
September — Social responsibility
An active implementation of social responsibility projects: financing the construction of the Temple of St. Seraphim of Sarov.
March — Purchase of Elektroizolit plant
The acquisition of Elektroizolit plant for the company’s further development and financing of new areas of production with the objective to bring the plant to a leading position in the Russian and international market of electrical insulating materials production.
August — Creation of Tekta Group
The creation of the development company Tekta Group, which today is one of the leading companies in Moscow region, projects portfolio exceeding 1.7 million square meters of business-class housing.
October — Construction of Elite and Grand Park residential complexes
The start of business-class Elite and Grand Park residential complexes construction. For finishing houses there was used the natural stone, and the layout of the apartments and the facade has unique architectural solutions that make the house one of the most beautiful and interesting buildings of the
February — Acquisition and reconstruction of the sports complex ”Olymp”
One of the largest fitness centers of Moscow region, whose area is over 5000 square meters, benefiting more than 2,500 people. The sports complex includes football pitches, spectator stands, outdoor hockey field, running track, outdoor tennis courts, indoor year-round ice rink, sports pool and children’s pool, gym, saunas, halls of martial arts and aerobics, games room.
October — Construction of the Administration of Moscow region building
The company completed the construction of a building of Administration of Moscow region. Also to 2007, the company renovated more than 750 thousand square meters of industrial and commercial facilities, invested considerable sums in the acquisition and development of warehouses in Russia and Asia, having created an impressive portfolio of residential construction.
May — Construction of administrative building and warehouse of SK Logistik
The construction of administrative building and warehouse facilities of the company SK logistics, specializing in storaging of various industrial goods, cargo and ancillary services, including rental trucks and equipment, storage and warehousing of goods and services rental of exhibition halls, land and retail space.
April — Reconstruction of Elektroizolit plant
The reconstruction of Elektroizolit plant, the largest diversified enterprises of electrotechnical industry, which later became the part of Glorax Group. The main products of the factory – electrical insulating materials and insulation systems, which are widely used and known not only in Russia but abroad as high-quality materials for power, electrical and cable industry. Along with insulating materials, the
company produces unsaturated polyester resins which are widely used in the manufacture of fiberglass structures.
September — The reconstruction of the Konakovo plant of metal
The reconstruction of the Konakovo factory of metalwork specializing in the production of the relevant to the modern construction products – steel structures and sandwich panels, which are the basis for modular prefabricated buildings and light construction custom designs.
November — Construction of shopping centers
The company is developing new lines of business: construction of small shopping centers and social facilities, including medical centers in Moscow region.
March — The reconstruction of a logistics center ABB
The reconstruction of a logistics center of the Swedish company ABB, a leader in power equipment and automation technologies. Performed repairs on production floors with a total area of 4,000 square meters at the company's factory and dismantled warehouse equipment with a total area of 4500 square
June — Active development of the company
The company is actively developing in the sphere of reconstruction of the office buildings and commercial properties.
January — The first step
The history of the company began in 2000 when the founder and managing partner of Glorax Group Andrey Birzhin, being a student of the Moscow State University, decided to start a business in the construction sector. The company began with service on the redevelopment of monolithic buildings and structures. At that time it was a unique service that nobody else offered.