During the 2^nd Quarter of 2013, ENKA started a new shopping mall project in the Moscow Region for ENKA’s subsidiary ENKA TC, one of the leading commercial real estate developers in the Russian Federation. The shopping mall in Sergiev Posad has been in operation since the beginning of August 2014.

The gross building area of the complex amounts to 36,750 m², while a total leasable area of the retail part is 24,883 m². Furthermore, an open car-park area with over 696 lots is designated to retail. The shopping mall hosts a cinema with five salons, an entertainment center, a children’s playground and a food court area, including several restaurants and cafes. In its entirety, the shopping center includes more than 100 retail stores, in addition to the supermarket covering an area of 7,000 m².

Adhering to high quality standards, it’s essentially a new approach to the concept of a shopping center with a suitable tenant mix that enables citizens to overcome the limitations of everyday routine, while combining shopping experience with leisure. A modern entertainment center with a multiplex cinema and free open-air parking, provides people with a variety of up to date recreational activities, while creating a popular and unique venue for the city.

ENKA has self-performed and successfully completed the project on a lump sum turn-key basis, using its project management and implementation expertise, covering a full range of basic and detailed engineering, procurement, construction, erection, commissioning, and operation phases to the full satisfaction of ENKA TC. The construction on the Sergiev Posad Shopping Mall was completed with investments totaling 59 million US Dollars.

• The ancient town of Sergiev Posad, located just outside Moscow, is one of the pearls of the Golden Ring of historic towns that surrounds the capital. Located about 70 kilometers from the city, the town is dominated by its UNESCO world heritage site. While executing the work, ENKA successfully managed cultural relations with locals to avoid any clashes and maintained good relations with its neighbors. Environmental sensitivity of the historical city was carefully maintained; in addition, ENKA took some environmental measures to protect the nature
• First and foremost, ENKA brought its Zero Accidents philosophy to its execution and built a strong safety and security plan that was strictly implemented throughout the duration of the project to protect their workforce and their customer, as well as the environment and communities surrounding the project.

• Largest Shopping Center in Sergiev Posad
• 1.8 Million work hours without a lost time incident