 In 1993 the entity was transformed into a closed joint-stock company.From the beginning of the 2000s, the Group systematically widened its presence in the country's regions, purchasing or creating building construction companies and manufacturing enterprises.The primary owner and chairman of the board (as of 2014) is Mikhail Balakin, who in 2014 was listed as number 52 on the Forbes list of 200 richest Russian businessmen and listed as number 866 on the Forbes list of the world's billionaires with assets worth $1.9 billion.