INGRAD
INGRAD is a Russian investment and property-development holding company focused on residential and commercial real estate in Moscow and Moscow Oblast.
Last updated August 26, 2026
History
INGRAD was established in 2012 as a Russian investment and property-development company. From its base in Moscow, it developed a business focused on residential and commercial real estate in Moscow and the surrounding Moscow Oblast. The company's residential specialization has been described in terms of comfort-class and business-class housing, segments that generally sit above mass-market construction in terms of project specification and intended customer profile. The most important documented corporate transformation occurred in 2017. Rossium Concern announced the combination of the development businesses of PJSC Opin and JSC Ingrad into one company, PJSC INGRAD. The resulting organization was reported to have authorized capital of 41.2 billion rubles. The consolidation created a broader development platform under a unified name and placed INGRAD within Rossium's investment structure. The supplied sources do not provide a full account of the pre-merger portfolios, the legal mechanics of the transaction, or the treatment of individual projects. In 2018, INGRAD broadened its public-facing activity through sports sponsorship and partnership arrangements. It became title sponsor of Moscow Torpedo football club and also signed a partnership agreement with Torpedo-Moscow Rugby Club. These activities connected the company with Moscow's sports institutions and provided a form of brand visibility outside the construction and property sectors. The available sources do not describe the sponsorship budgets, campaign creative, or later renewal terms. The company received business and financial recognition in the following years. In 2019, Forbes reported that INGRAD led a list of five fastest-growing private business enterprises. In 2021, ACRA assigned the company a BBB+ rating and the National Credit Ratings agency assigned it an A-.ru rating with a stable outlook. The source material associates the ACRA assessment with high evaluations of profitability, liquidity, and cash flow. These ratings indicate that external agencies had assessed the company's credit profile, although the supplied references do not provide the full rating reports or detailed financial metrics. INGRAD was also ranked by the Unified Resource of Developers in July 2021. It was placed eighth among the largest developers in the Russian Federation by current construction and sixth among developers in Moscow Oblast. This ranking reinforced the company's characterization as a substantial regional developer with a significant volume of ongoing construction. The group is majority-owned by Rossium Concern and has publicly traded shares on the Moscow Exchange, formerly referred to in the source material as the MICEX Stock Exchange. Roman Avdeev is identified as chairman of the board of directors and Sergey Kachura as chief executive officer. The references do not establish their appointment dates or provide a complete historical list of directors and executives. INGRAD's documented history therefore centers on four themes: its creation as a Moscow-area development company in 2012; its 2017 consolidation with the Opin development business under Rossium; its 2018 use of sports partnerships to raise brand visibility; and its recognition through business rankings, credit ratings, and developer rankings between 2019 and 2021. Information about developments completed after the 2021 ranking, current ownership percentages, current management, and the company's latest operating status requires additional verification.
- 2021Credit ratings assigned
ACRA assigned INGRAD a BBB+ rating, and the National Credit Ratings agency assigned A-.ru with a stable outlook.
- 2021Ranked among Russia's largest active developers
The Unified Resource of Developers ranked INGRAD eighth in Russia by current construction and sixth in Moscow Oblast as of July 2021.
- 2019Named among fastest-growing private businesses
Forbes reported that INGRAD led a ranking of the five fastest-growing private business enterprises.
- 2018Moscow Torpedo title sponsorship begins
INGRAD Group became title sponsor of Moscow Torpedo football club.
- 2018Torpedo-Moscow Rugby partnership signed
INGRAD Group entered a partnership agreement with Torpedo-Moscow Rugby Club.
- 2017Opin and Ingrad development businesses consolidated
Rossium Concern announced the merger of PJSC Opin and JSC Ingrad development businesses into a single PJSC INGRAD, with reported authorized capital of 41.2 billion rubles.
- 2012Company established
INGRAD was established as an investment and property-development company operating in Russia.
Products and positioning
A Moscow-centered property developer serving the comfort-class and business-class residential segments, with commercial real estate and district-scale development capabilities.
Comfort-class residential quartersResidential development
INGRAD develops residential quarters positioned in the comfort-class segment. These projects form part of the company's Moscow and Moscow Oblast housing portfolio and are presented as planned residential environments rather than isolated apartment buildings. The supplied references do not identify specific project names, architectural features, delivery dates, or unit counts.
Business-class residential quartersResidential development
Business-class residential development is another stated focus of INGRAD. The category places the company in a higher-value urban housing segment and complements its comfort-class activity. Available source material confirms the segment but does not provide enough verified detail to describe individual buildings, amenities, prices, or current availability.
Commercial real-estate componentsCommercial development
Alongside housing, INGRAD's main activity includes commercial real estate. Commercial premises may form part of broader residential quarters or other development schemes, but the supplied references do not specify asset classes, tenants, locations, or project-level performance.
Marketing campaigns
- 2018Moscow Torpedo title sponsorship
Moscow · Russia
INGRAD Group became the title sponsor of Moscow Torpedo football club, associating the property-development brand with a prominent Moscow sports organization.
Outcome. The sponsorship established a documented sports-marketing presence for INGRAD. The supplied material does not state the contract value, duration beyond the initial announcement, or audience results.
- 2018Torpedo-Moscow Rugby partnership
Moscow · Russia
INGRAD Group signed a partnership agreement with Torpedo-Moscow Rugby Club as part of its sports-related brand activity.
Outcome. The agreement expanded INGRAD's documented sports partnerships. No verified details about activation, sponsorship value, or subsequent results are provided.
Brand decisions
- 2017Consolidation of Opin and IngradM&A
Rossium Concern sought to combine the development businesses of PJSC Opin and JSC Ingrad into a unified property-development company.
What changed. The businesses were merged into PJSC INGRAD, with reported authorized capital of 41.2 billion rubles.
Aftermath. The transaction created the consolidated INGRAD development platform. The available source does not provide detailed post-merger operating or financial results.
Authorized capital of the combined company. 41.2 billion rubles (2017)
Leadership
| Name | Title | Tenure |
|---|---|---|
| Roman Avdeev | Chairman of the Board of Directors | — |
| Sergey Kachura | Chief Executive Officer | — |
Recent events
- 2021INGRAD receives external credit ratings
ACRA assigned INGRAD a BBB+ credit rating, while the National Credit Ratings agency assigned A-.ru with a stable outlook. The reference material cited profitability, liquidity, and cash flow assessments in connection with the ACRA rating.
Other - 2019INGRAD recognized among Russia's fastest-growing private businesses
Forbes reported that INGRAD led a ranking of the five fastest-growing private business enterprises.
Other - 2018INGRAD becomes title sponsor of Moscow Torpedo
INGRAD Group began a title-sponsorship relationship with Moscow Torpedo football club, extending the company's brand activity into professional sport.
Campaign - 2018INGRAD partners with Torpedo-Moscow Rugby Club
INGRAD Group and Torpedo-Moscow Rugby Club signed a partnership agreement.
Campaign - 2017Rossium announces consolidation of Opin and Ingrad development businesses
Rossium Concern announced the merger of the development companies PJSC Opin and JSC Ingrad into a single PJSC INGRAD. The combined company's authorized capital was reported at 41.2 billion rubles.
M&A
Sources
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