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Pridex’s revenue increased to 19.1 billion rubles

3 Apr 2023
The Company managed to maintain high business dynamics despite the market contraction.
Pridex, one of the largest Russian fit-out contractors, summed up the financial results of 2022. The company’s revenue reached 19.1 billion rubles having increased by 3.2% year-on-year, and the average growth over the past five years was 26%.
Аппарат МРТ в клинике «Атлас»
The total portfolio of Pridex projects amounted to 277 thousand sq. m. According to the Company, the global changes that took place in the market in 2022, such as the disruption of logistics chains and the change in the demand structure, have certainly become a serious test for all its participants, but Pridex believes that they have managed to successfully cope with these challenges.
  • Alexander Aleinikov,
    commercial director of Pridex

    "We have done a really great job to provide our facilities with all the required materials and equipment in the prevailing conditions. This includes the construction of new logistics routes, the guarantee of proper quality of imported products, and parallel imports. Besides, we have adapted our offer to the needs of new customers: first of all, a large Russian business that has replaced foreign competitors."

Work to improve the efficiency of construction processes also plays an essential role in ensuring the stability of financial indicators. So, at the beginning of last year, Pridex began to develop the lean construction area — the Company launched an operational efficiency service and developed its own production system designed to ensure uniform standards for project implementation and reduce work deadlines.

Besides, Pridex is actively implementing digital tools such as information modeling and big data in its activities.
  • Dmitry Vishnyakov,
    Managing Director of Pridex.

    "Some solutions have already proven their effectiveness and are scaled to all the Company’s projects. For example, we have successfully switched to BIM design, which, according to our assessment, allows us to reduce overall costs by 4−5%. We are also gradually expanding the use of lean construction techniques, which has shown an increase in the efficiency of work up to 25%. As for big data, we are testing various options for using the technology — in particular, we are introducing wearable devices for analyzing the activities of workers at several facilities in Moscow and St. Petersburg."

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