ENKA TC, formerly RamENKA, was established in Moscow in 1997 as an equal partnership between ENKA and Migros to develop shopping centers and a supermarket chain in the Russian Federation, opening its first Ramstore hypermarket and shopping center in Moscow’s Kuntsevo district, with a total area of 19,400 m².

Despite economic challenges in the country, the company expanded rapidly in Moscow and other major cities, reaching 53 stores and 10 shopping centers.

ENKA became the sole owner in 2007 and repositioned the company to focus on real estate.

In 2009, the shopping malls operating under the “Ramstore” brand were rebranded as “Kapitoliy,” followed by the renaming of the “Ramstore” supermarket brand to “Citystore” in January 2010.

By the end of 2012, ENKA TC had fully exited the retail sector to focus on real estate operations. In line with its strategy to redevelop existing assets, the company subsequently undertook large-scale projects, including the Kuntsevo Multifunctional Trade & Business Center, Sergiev Posad Shopping Mall, and Kashirskaya Plaza Multifunctional Trade Center.

Its developments have received numerous prestigious national and international awards, and today ENKA TC owns office and shopping centers with a total area exceeding 850,000 m².