Etalon Group enters the development market in the Rostov region. Company acquired a 65% stake in a joint venture created to implement a project of integrated territory development in Rostov-on-Don on a plot of land of over 300 hectares, with the prospect of almost 3-fold increase of the development area up to 800 hectares. Expected realizable area of the 1st stage of the project will be over 2 million sq. m. Approval of town-planning documentation and the start of project implementation are scheduled for the 1st half of 2025.