Pause operations: company temporarily curtailing operations while keeping return options open

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Rönesans (Ronesans Holding) is a world-leading project development and construction group, building for a better society.

 
 
 
 
 

Pause operations: company temporarily curtailing operations while keeping return options open

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Turkey
Construction & Architecture

Top 100 largest companies in Russia by revenue

Top 100
Revenue(RF), mln.USD
831
Assets(RF), mln.USD
2057
Capital(RF), mln.USD
48
Staff(RF), 2021
1176
Taxes(RF), mln.USD
25
Glob.Revenue, mln.USD
3300
The Company Statement
February 02, 2024

Turkish construction holding, as a business started in Russia in 1993. Founder Erman Ylicak, after finishing working for the Russian-Turkish construction company Enka, founded his own company. Among the projects of the Turkish holding are the Evolution and Neva Towers in Moscow City, Dream Island and Lakhta Center in St. Petersburg. The Turkish investment company Rönesans Holding announced the winding down of operations in Russia. It was one of the top 10 largest construction contractors in the oil and gas sector. Rönesans ceased its operations in Russia and is now focusing on an ambitious growth strategy worldwide.

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Statements Archive
February 03, 2024Turkish Rönesans Holding has ceased its operations in the Russian Federation
February 02, 2024Turkish construction holding Ronesans announced its withdrawal from Russia
February 02, 2024Turkish construction contractor Ronesans announced its withdrawal from Russia
February 02, 2024Turkish construction contractor Ronesans is winding down its activities in Russia
February 02, 2024Turkish construction contractor Ronesans leaves Russia
October 01, 202350 largest foreign companies in Russia - 2023. Forbes rating | Forbes.ru
October 01, 2023Renaissance Heavy Industries, Renaissance Construction / Rönesans Holding | Forbes.ru
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