Public Joint Stock Company PIK-specialized homebuilder (PJSC PIK-specialized homebuilder), Russia's largest residential real estate developer, specializes in the construction and sale of comfort-class housing, primarily through industrial panel methods and superefficient monolithic (SEM) technologies; it also produces and sells building materials such as reinforced concrete panels, window blocks, and structural elements; provides property maintenance services including utility management, heat, water, and electricity supply; offers apartment rentals, repairs, and sales agency services; and develops PropTech solutions like IoT devices and online sales platforms. Founded in 1994 and headquartered in Moscow, the company operates across 15 regions of Russia with a primary focus on Moscow and the Moscow region, employing approximately 13,000 people and maintaining production facilities including the Aleksin, Naro-Fominsk, and Ochakov reinforced concrete plants with a combined annual capacity of 1.5 million square meters of prefabricated units. PIK maintains an extensive land bank and project portfolio exceeding 40 developments, targeting mass-market and affordable segments while incorporating business-class projects like Vavilova 4 and Vander Park; it collaborates with international architectural firms such as de Architekten Cie. and Buromoscow. In recent developments, as of October 2023, controlling shareholder Sergey Gordeev transferred a 20% stake to Central Trust Company, reducing his ownership to 32.49% and ending his controlling position; the company continues launching new projects such as Zelyoniy park and Nikolskiye luga in Moscow; and in October 2025, its board considered share consolidation and cancellation of the dividend policy amid ongoing market leadership. PIK recently released a trading update for the twelve months ended in 2025, confirming sustained operations and a credit rating of ruA+ from Expert RA, while building social infrastructure like 24 schools and 59 kindergartens since 2015.