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Summa Group News 2015 - February PT2

11044c06b8c718f728e20d462a877ece?s=47 Summa
February 26, 2015

Summa Group News 2015 - February PT2

The Summa Group (run by Ziyavudin Magomedov) has started work on the East-Nakhodka Transport hub in Primorsky Krai. We also report back on the new CEO of VMTP who has been elected by the supervisory board of the Commercial Port of Vladivostok.

11044c06b8c718f728e20d462a877ece?s=128

Summa

February 26, 2015
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  1. Summa Group News All the latest news from the Summa

    Group Summa Group 2015 FESCO - NCSP- STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY February 2015 – Part 2
  2. WORK STARTED ON EAST-NAKHODKA TRANSPORT HUB The Summa Group’s Stroynovatsiya

    has started working on the development of the East-Nakhodka Transport Hub in Primorsky Krai. The public-private partnership sees Stroynovatsiya LLC build the new port infrastructure at Vostochny Port, as ordered by FKU Rostransmodernizatsiya. Plans include integrating railway approaches and a new coal terminal in the transport hub. The overall infrastructure will include an extension of the railway track by 50 kilometres, 11 bridges and overpasses and four berthing facilities reaching a total length of 900 meters. Summa Group 2015 – Feb – PT2 FESCO – NCSP - STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY Stroynovatsiya will reconstruct the current infrastructure, which will allow for dredging operations and see geodetic survey works. With more than 1400 people working on the project and 15%, at least, of the work being given to local subcontractors, the project is scheduled to be completed in late 2017.
  3. NEW CEO OF VMTP ELECTED Mr Valery Mestulov has been

    elected the new CEO of the Commercial Port Vladivostok (VMTP), as of the 13th of February 2015. The VMTP, part of Summa Group’s FESCO, is situated in the north-west of Golden Horn Bay, Russia and services 16 lines (10 container lines, 4 Ro-Ro lines and 2 passenger lines. Mr Mestulov has a background in management of container terminals (Far East Russia and Vostochnaya Stevedore Limited Liability Company) and was appointed by the Supervisory Board of Commercial Port of Vladivostok. Previous head of VMTP and FESCO Transportation Group, Mr Konstantin Sokolov, comments, Summa Group 2015 – Feb – PT2 FESCO – NCSP - STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY “We are confident that Mr. Mestulov will successfully continue our port business development, which includes increasing containers handling, (as well as) strengthening the VMTP market position.”
  4. ABOUT THE SUMMA GROUP Summa Group specialises and invests in

    port logistics, engineering, construction, oil and gas sectors as well as telecommunications. Summa Group is a diversified private holding that comprises of more then 10 000 people in 40 regions of Russia and abroad. Mr Ziyavudin Magomedov is the founder and shareholder of the Summa Group, which celebrated its 10 year anniversary in 2014. Summa Group 2015 – Feb – PT2 FESCO - NCSP- STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY