ESTA Holding
Encyclopedia
SCM Estate was established in 2006 for the management of the property assets of the biggest financial and industrial Ukrainian holding - SCM Group
SCM Holdings
System Capital Management or SCM is a major Ukrainian financial and industrial holding company with headquarters based in Donetsk in the east of the country. The business is controlled by a Ukrainian businessman Rinat Akhmetov who owns 100% of the company shares...

, in the beginning of 2008 the company was renamed to ESTA Holding. The company is 100% owned by SCM Group. Key areas of ESTA business are as follows:
  • investment
  • development of commercial and residential properties of premium class
  • hospitality business
  • real estate operation and management


ESTA Holding key assets:
  • Pushkinskiy complex, Donetsk
    Donetsk
    Donetsk , is a large city in eastern Ukraine on the Kalmius river. Administratively, it is a center of Donetsk Oblast, while historically, it is the unofficial capital and largest city of the economic and cultural Donets Basin region...

  • Opera Hotel
    Opera Hotel
    Opera Hotel is the first deluxe boutique hotel launched on 20 December 2006. The hotel is located in the center of Kiev at the crossroads of the business, cultural and historical districts, not far from Kiev Opera Theatre and St. Vladimir's Cathedral. The hotel was built in 1906 and is an...

    , Kiev
    Kiev
    Kiev or Kyiv is the capital and the largest city of Ukraine, located in the north central part of the country on the Dnieper River. The population as of the 2001 census was 2,611,300. However, higher numbers have been cited in the press....

  • Leonardo business centre, Kiev
  • Logistics centre, Dnepropetrovsk
  • Donbass Palace Hotel
    Donbass Palace
    "Donbass Palace" is the first 5-star hotel in Donetsk city that joined The Leading Hotels of the World and the Ukraine's leading business hotel in 2006 and 2007 according to the World Travel Awards Association.Donbass Palace- History :...

    , Donetsk
  • Kyiv Hotel, Donetsk
  • Kyivskyy Central Department store (TsUM), Kyiv


Nikolay Nesterenko is the Chief Executive Officer of ESTA Holding.
As of 2011, ESTA Holding is going to invest more than $500m in development of new projects over the next five years.
ESTA Holding makes substantial investments in expansion of its assets portfolio which already exceeds $300 million. The latest acquisitions include purchase of the Kiev Central Department Store and of the Donetsk-based “Kiev” hotel which after the current reconstruction will be launched under Park Inn by Radisson brand
Radisson Hotels
Radisson Hotels is one of the leading, full-service global hotel companies with more than 420 locations in 73 countries. The first Radisson Hotel was built in Minneapolis, Minnesota in 1909, and was named after the 17th-century French explorer Pierre-Esprit Radisson...

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