Alexander Glimbovsky: now the main customer for builders has become the state

Construction of facilities for the championship of Euro 2012 has become one of the possibilities for real estate companies to recover from the crisis. Cooperation with the state chapter nabsoveta Altis-Holding, the winner of the Man of the Year 2010 "in category " Entrepreneur of the Year "Alexander GLIMBOVSKY told Kommersant MARIA POPOVA.
- You have stated that, despite the crisis, "Altis-Holding was able to increase the load. Thanks to what?

- It is the primary customer for the builders became a state in preparation for Euro 2012. And we were able to win tenders for the construction of several major projects, which is very important for the development of our company. These projects, among which is one of the main terminal building of the Lviv airport is very complicated from an engineering point of view and also download, provide an opportunity to gain experience, which I hope will be in demand in the future. Helped us and what we are working in virtually all sectors of construction: from residential real estate to infrastructure. This enabled us to maneuver our resources and virtually get all our power.

- What government jobs is different from ordering private investors?

- This is a completely different business. Receiving orders - it's always hard struggle tender. There are very strict requirements for documentary support (budget, acts of acceptance, etc.) project, which is repeatedly tested by various regulatory bodies. But at the same time work with the state, from my point of view, more interesting, as the private customer, in most cases is trying to take some of the general contractor itself, which introduces elements of disorganization in the process of project implementation. In addition, we believe that the terms of the guarantee of payment the state is a more reliable partner. State's investment in those facilities that we are building - a new terminal and external infrastructure of the international airport "Lviv", the construction of the hall of the official delegations in Boryspil - totaled about 1.8 billion UAH.

- To what extent have decreased finpokazateli your company in crisis?

- Of course, we knew that sooner or later, after several years of rapid development, the crisis will affect the construction industry. But we believed that it will not happen before 2012 because they were great prospects for major projects, and major investments were needed in the development of infrastructure for EURO 2012. As of May 2008 in our portfolio of our corporation were signed contracts worth $ 800 million, and in September-October, most of them were frozen. And as you know, the end of 2008 and 2009 were severe enough for us. Now the situation is normal. In 2010, we had a sufficient workload, the gross revenues of over 1,5 billion UAH. And in today already signed several solid contracts - we hope to increase the volume of services provided by at least 30%. In addition, we plan this year to reduce credit and leasing load to no more than 3% of gross income.

- But orders from the state will not be at all times. Is there a demand from the private sector?

- Until 2009, we worked only with the private customer and good focus in this sector. I appreciate the situation with guarded optimism. Are now actively negotiating on the development of new projects. In addition, as I said, we have a lot of projects underway. I should note that we are a general contractor for one of the largest orders - is the construction of a multifunctional complex with a public water park with a total area of ​​more than 160 thousand square meters. m. At this site we end the zero cycle. From my point of view, the Ukrainian companies have a chance to compete for contracts abroad, the market is there. But think: without the support of the state to do so will be difficult. We see that the Russian prime minister is actively lobbying in different countries, the construction of various facilities, including nuclear power plants by providing government guarantees and loans under these facilities. We have, unfortunately, the state has no such support. Our country is losing potential - the construction industry has not even near worth it, for example, the chemical industry and metallurgy, although during the Soviet Union, Ukraine had a powerful building complex, which has worked in many countries around the world.

- You are the sole owner of the Altis-Holding? Are there other partners?

- No, "Altis" - is a family owned company, but in some other companies belonging to the corporation "Altis-Holding, we are partners.

- Do you have plans to enter the public market?

- We are actively preparing for an IPO before 2008. Reorganized the company had plans to place on the exchange, but this is no time for such steps. The construction industry hardest hit by the crisis, the fall performance reached 70%. We first entered the crisis and the last to come out.




Private affair


Alexander Glimbovsky

Born March 7, 1960 in Koziatyn (Vinnytsia region). In 1985 he graduated from the graduate school of the Kiev Civil Engineering Institute in 1986, defended his thesis, taught discipline, "Resistance of materials". In 1991 he became co-founder of Meridian, and in 1995 he founded and headed the company "Altis" which later evolved into a corporation "Altis-Holding. In 2008, he was elected deputy chairman of the Ukrainian Construction Association and in 2010 headed the supervisory board of companies Altis-Holding.

Company profile

Altis-Holding

The first of the companies'Altis-Holding "-" Altis ", specializing in the design and arrangement of roofs, was founded by Alexander Glimbovskim in 1995. The group now includes 14 companies, among them "Transbud-Company (founded in 1997)," Altis-Glass "(2001)," Altis Spetsbud "(2001)," House of aluminum structures "(2002)," SpetsBudBeton "(2006) and" Altis-Energo "(2008). The group works with commercial real estate and state order. Among the projects implemented - Shopping Mall "Magellan", "Caravan", "Square", "Aladdin," "Ultramarine," LCD "Sail." In 2009, Altis-Holding won a government tender for the construction of new terminal of international airport "Lviv" in preparation for Euro 2012. In 2008 and 2010 projects Holding won the National Award in the field of real estate CP AWARDS. Gross income of Group companies "Altis-Holding for 2010 is 1,5 billion UAH. Number of employees - more than 2300 people.

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