PJSC City Innovative Technologies (GRNT.ME), founded in 2012 and headquartered in St. Petersburg, Russia, operates as a holding company focused on housing and urban development across multiple business segments. The company provides construction, design, reconstruction, and repair services; property management and maintenance for residential and non-residential real estate; development, delivery, and installation of smart house systems; production of housing and communal services products; investment management; advertising services; and mass media operations including cable television, internet portals, and newspapers. It maintains presence in 58 regions of Russia with approximately 650 professionals, targeting real estate development, utilities, and related services markets.
Recent developments include the launch of a new company website, ongoing audit processes, and the merger with AO IAF, alongside resolution of prior judicial matters. The company plans 25% business growth in 2025, supported by asset sales to increase stake in AO GRAND FREEDOM, expand HoReCa operations, and execute a second buyback phase. Operational highlights feature projects like the Memorial Nebesa facility and strategic positioning for recovery on the extra-market exchange.