JSC "Specialized Developer of Nizhny Novgorod Region 'Directorate for Construction'" (JSC "SD NNR 'Directorate for Construction'") is a Nizhny Novgorod state-owned construction company, registered on July 20, 2016, through reorganization (conversion) from JSC "United Directorate for Housing Construction of the City of Nizhny Novgorod," which in turn traces its history back to 2013.[1][2] The sole shareholder of the company is the Government of the Nizhny Novgorod Region.[1][2] The company acts as the regional operator for major infrastructure, housing, and social projects in the Nizhny Novgorod Region, and also undertakes the completion of construction on "problem" sites and the elimination of dilapidated housing stock.[1] The registered address is 26 Poltavskaya Street, Nizhny Novgorod.[2]
History and Structure
The company was created as the successor to the Municipal Enterprise of the City of Nizhny Novgorod "United Directorate for Housing Construction of the City of Nizhny Novgorod," as well as JSC "KRT Novinki" and JSC "Kanavino Infra."[2] Since March 13, 2023, the director of the company has been Damir Robertovich Biktimиров.[2] The average headcount as of 2025 data was 98 employees.[2] The authorized capital is 979.5 million rubles.[2]
Based on 2025 results, the company's revenue was 3.1 billion rubles, net profit was 34.4 million rubles, assets totaled 3.4 billion rubles, and equity capital was 1.1 billion rubles.[2] The total value of contracts concluded through the public procurement system exceeded 34.9 billion rubles (1,195 contracts).[2]
Key Projects
The company's primary line of business is the construction of residential housing and social infrastructure facilities.[1] The company is the regional operator of the integrated development project for undeveloped land (KRT) "Olgino" in the south of Nizhny Novgorod in Prioksky District. The project involves developing a site of 265.2 hectares, constructing 33 residential buildings, two kindergartens, and a school; the projected population is approximately 46,000 residents.[1] The direct developer of the third lot of the project (the "Novoye Olgino" blocks) is a subsidiary — the specialized developer KRT-1.[1]
In May 2025, the company began construction of the "Dom na Murashkinskoy" residential complex in Kanavinsky District of Nizhny Novgorod — a comfort-class complex with 106 apartments and a total area of approximately 5,000 square meters, located near the Nizhny Novgorod Yarmarka.[1] Financing for the construction in the amount of 603 million rubles was provided by Dom.RF Bank; the facility is scheduled to be commissioned in 2027.[1] Completed projects include the "Gelios" (2024), "Prioksky" (2024), and "Solnechny" (2023) residential complexes.[1]
In addition to residential construction, the company carries out social infrastructure projects. In particular, in 2026 a major renovation of the Dynamo stadium in Nizhny Novgorod was completed, and construction of a new building for the central district hospital in Diveevo is also planned.[1]
Recent news
As of September 2026, the "Dom na Murashkinskoy" residential complex was 80% complete; the project is being marketed as Russia's first residential complex with fully digital construction monitoring.[1]