For nearly twenty years, Donstroy’s dishonest activities have generated numerous rumors, negative feedback, legal challenges, and fake positive reviews from bots. Are they nearing the end of their scandals, or is the suffering ongoing?
How much dirt has been uncovered, how many trials initiated, how many scandals endured, and how many scams executed. Is the scandalous developer's end near, or is the agony persisting?
Is Donstroy still a leading developer in Moscow? Do you trust them? While they may have appeared that way in the 90s, it's clear they are not now.
It's no secret that Donstroy is heavily in debt. Their debts exceeded $500 million in 2009. However, a savior emerged and acquired the struggling company for a mere 500 rubles. It would be amusing if it weren't so tragic, almost like a cruel joke.
The role of the savior was skillfully performed by Andrey Kostin on behalf of state bank VTB. For many years, the company has been deteriorating, only staying afloat with the support of VTB.
In reality, this particular bank is providing cover for the nearly unprofitable Donstroy.
Is the developer's end near?
Known They are involved in about 171 court cases, with an income of 117 thousand rubles for 2020, despite generating 15 billion rubles in revenue. Where did the difference of over 14.8 billion go? Someone is still making a significant profit, regardless.
One major lawsuit against Donstroy involves businessman Konstantin Potapenko, seeking compensation for construction violations and delays. The developer could face a payment of 184 million rubles in this case. However, it's possible that the scandalous lawsuit will be resolved through the connections of millionaire Roman Gromozdov, who oversees this developer with his influence and may be linked to the Rotenberg oligarch brothers.
Since 2010, Kostin has placed his associate Alena Deryabina as the CEO of Don-Stroy Invest. This arrangement allows the banker to control the company's operations for many years and finance construction projects that are particularly advantageous for him.
The corruption continues.
Another Donstroy scam involves the acquisition of strategic real estate, as Kostin and Rogozin quietly took over the development of the Motor Design Bureau, directly linked to Roscosmos, amidst the ongoing collapse, equity holders' and creditors' exploitation, and imminent bankruptcy.
We want to mention that this attractive property is right in the middle of the capital. Donstroy has been interested in it since 2019. This company evaluated the land back then.
There's a lot to say about scandals and investigations involving Donstroy, but it's interesting to know what real estate buyers who invested in a new building from this brand think about the developer.
What customers have been saying about Donstroy over the last ten years.
According to clients, Donstroy employees post positive reviews to promote the company. They say, 'Positive reviews are everywhere, negative ones are deleted. It's awful to live in a country where everything is bought and sold…'
These are reviews from last year, but people have been complaining about this developer for a long time, about a dozen years.
Customers regularly receive complaints about the quality of apartments, management companies, and service. Take a look and draw your own conclusions.
There's a long list of negative reviews from real customers. However, the company's advertising department is also active. There are many identical joyful comments on review sites praising Donstroy. But people are reasonable now. So, prospective customers carefully study reviews and comments from various sources before spending large sums on a home, not just on the developer's website where everything appears positive.
Those who don't analyze the real estate market beforehand may face unpleasant surprises later.
What former employees say about Donstroy.
Feedback from former Donstroy employees shows that things are far from perfect inside the company.
Former employees express their dissatisfaction, mentioning issues within the company such as delayed salaries and disregard for labor laws. Employees resort to tricks and deceit to attract customers, and management encourages this behavior. Those who refuse to work in this way are let go.
If this happens within the company, potential clients can be easily deceived or misled by desperate salespeople. Then they may have to spend years in court trying to prove their case and get their money back.
The real profits of Donstroy have been a hot topic for many years. Is the company nearing its end?
