ORLANDO, Fla., Oct. 8, 2012 /PRNewswire/ -- UNR Holdings, Inc, (OTCBB: UNRH) ("UNR" or the "Company"), a leading commercial and residential real estate development and construction company operating principally in the city of Moscow and its suburban communities, today announced that it has retained CCG Investor Relations to provide investor and corporate communications services for the company. CCG will develop and implement a comprehensive investor relations program for UNR as well as execute market awareness initiatives to increase exposure throughout the investment community.
"We believe that leveraging CCG's extensive investor network and expertise will be instrumental in increasing the market's awareness about our current portfolio of projects under development as well as the growth opportunities that lie ahead," said Alexey Kim, Chief Executive Officer of UNR Holdings. "Our strategy is to develop real estate in high density and urban areas, principally in Moscow and its suburbs, as they offer a potentially exceptional return on investment. We look forward to working closely with CCG as we continue to expand our market initiatives."
CCG is an investor relations and strategic communications firm with more than 30 years of industry experience developing innovative programs to help drive shareholder value. CCG provides a complete range of investor communications, counseling, and public relations solutions to clients worldwide and across multiple capital markets.
"CCG has a history of helping undiscovered, small-cap growth companies transition into names with broad retail and institutional sponsorship," said Crocker Coulson, President of CCG Investor Relations. "UNR is a builder and developer of top quality commercial and residential projects in the Moscow area, and is well-positioned to capitalize upon the sector's excellent long-term growth fundamentals driven by rising personal incomes and the desire for high-quality housing by Russia's growing middle class. UNR has a broad portfolio of projects in various stages of completion, an unlevered balance sheet, and a history of profitable operations across real estate cycles. We look forward to introducing the UNR's compelling growth story to U.S. investors and the media."
About UNR Holdings, Inc.
UNR Holdings is a holding company that has a 68% ownership in its subsidiary, 494 UNR. 494 UNR is a diverse construction company with more than 40 years of success serving the Russian construction market. The Company specializes in general and infrastructure construction services, such as designing and building multi-story apartment buildings for middle and upper middle class families, office buildings, highways, bridges, and production of a road base infrastructure construction product. While UNRH is involved in complex construction projects, the Company also assists the Russian government with infrastructure projects for oil and gas corporations, such as GAZPROM and TRANSNEFT. 494 UNR is one of the oldest and most established construction companies located and operating in Moscow and the Moscow area of the Russian Federation.
More detailed information on the housing projects is available at the UNR Holdings corporate website: http://www.unrholdings.com.
The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based.
SOURCE UNR Holdings, Inc.