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Shcherbinsky Elevator Plant SHCHLS

Company

Content

Revenue and Net Profit millions Ths. rub

Number of employees
2020 year
1500

Owners

+ Government of the Russian Federation

History and Performance Indicators

2024

Revenue growth 28% to ₽18,6 billion

The Shcherbinsky Elevator Plant (SHLS), part of the ДОМ.РФ group, increased revenue by 28% to ₽18,6 billion in 2024. The company's net profit for the reporting period amounted to ₽1,6 billion, the company said on April 24, 2025.

According to TASS, the company demonstrates a steady growth in financial and production indicators for the second year in a row. The main reason for the increase in production volumes was an increase in the number of orders in the segment of elevator equipment replacements as part of the overhaul of apartment buildings by 26%. At the same time, in the commercial segment, there was a decrease in volumes associated with a slowdown in the activity of developers in 2024.

Revenue of the Shcherbinsky Elevator Plant for the year increased by 28%

Sergey Firstov, Financial Director of Shchls JSC, explained that profit formation was influenced by an increase in business volumes, an increase in sales margins, an increase in the share of contracts with specialized non-profit organizations, as well as cost control and optimization of business processes. He also added that the company plans to further increase production rates thanks to the latest automated lines, which will increase the production capacity of the plant to 15 thousand elevators per year.

Sales of Shcherbinsky Elevator Plant products in 2024 increased by 11% compared to 2023, reaching almost 7.2 thousand elevators. This indicator exceeds the general industry indicator of domestic industry.

In 2024, projects on new types of activities became promising areas of the company's development: the development of specialized lifting equipment for the needs of the construction complex, logistics hubs and green power facilities.

The company actively increases the use of components of domestic production and develops its own technical solutions. Currently, the share of imported components in serial production of SHLS does not exceed 5-10%. In 2025, the company plans to launch the production of non-reducer winches, which will further increase the level of localization.[1]

Lift production growth by 9% to 7.2 thousand units

The production volume of the Shcherbinsky Elevator Plant (SHLS), which is part of the ДОМ.РФ group, in 2024 amounted to 7.2 thousand elevators, which is 9% more than in 2023. Such data were published by Rosstat in February 2025. At the same time, the total production of elevator equipment in Russia decreased by 5.3%, amounting to 25.9 thousand units. Read more here

2023: Profit - 1 billion rubles

In 2023, the Shcherbinsky Elevator Plant (SHLS, part of the Дом.РФ group) received a net profit of 1 billion rubles. According to Vitaly Mutko, general director of Дом.РФ, the company first got rid of losses after bankruptcy.

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Three years ago, we took ownership of the bankrupt Shcherbinsky Elevator Plant, which was simply at zero. Last year he made his first profit, "Mutko said in the State Duma on May 15, 2024.
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Shcherbinsky Elevator Plant received a net profit of 1 billion rubles

Judging by the data posted in the Kontur.Focus service, the net loss of SHLS in 2022 was measured at 1.38 billion rubles, and a year earlier - the loss amounted to 209.4 million rubles.

Earlier, Vitaly Mutko said that Дом.РФ was ready to create a holding that would cover 40% of Russia's needs for new elevators on the basis of its Shcherbinsky Elevator Plant, as well as the Karacharov Mechanical Plant and Omsk Siblift[2]

2018-2021

In mid-2018, Дом.РФ transferred to the Shcherbinsky Elevator Plant (SHLS) as a result of the bankruptcy of SU No. 155 JSC.

In 2021, "Дом.РФ" allocated funds for the modernization of the SHCH. As a result, according to the general director of the state corporation Vital Mutka, the Shcherbinsky Elevator Plant has launched its own elevator with a cabin in a new modern design and an elevator, the design of which uses a reducerless winch that allows you to reach speeds up to 2.5 meters per second and designed in cooperation with Asian manufacturers.

In 2020, the Federal Antimonopoly Service (FAS) began checking the Дом.РФ state corporation after a complaint from associations of domestic elevator workers to Prime Minister Mikhail Mishustin. Representatives of the industry are concerned about the plans of the ДОМ.РФ to build a new powerful elevator plant, despite the fact that, according to them, in parallel, the state corporation initiates the bankruptcy of two already operating large enterprises and bought out their debts without notifying the FAS.

Notes