Glorax Development was founded in 2014. The main area of activity is multiformat development. The company specializes in the construction of residential complexes, commercial properties, as well as social infrastructural facilities. Currently, Glorax Development project portfolio comprises approximately 2.5 million sq.m. Regions, where the company operates include St. Petersburg, Moscow and the Moscow region.
The main tasks pursued by Glorax Development are to involve implementing state-of-the-art projects in the area of residential and commercial properties and creating high-quality, well-balanced products that are demanded by the market. The principles governing the company operations include the responsibility for the fulfillment of commitments undertaken and the focus on the quality of the final work results. In 2017, Glorax Development has entered in the TOP-5 developers in St. Petersburg.