Summa Group News 2015: May PT

News from the Summa Group.

Transcript

1. Summa Group News All the latest news from the Summa Group Summa Group 2015 FESCO - NCSP- STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY May 2015 – Part 2
2. STROYNOVATSIYA TO COMPLETE RAMP ON YAROSLAVL HIGHWAY Stroynovatsiya, part of the Summa Group, will be completing a newly constructed U-turn ramp on the M8 Kholmogory Highway near Moscow. The M8 Kholmogory Highway’s 16-20km section has been newly renovated in order to provide a turn around for traffic traveling from Moscow and neighbouring villages. The U-turn ramp will reduce traffic build-up at the Korolev Junction. Summa Group 2015 – May – PT2 FESCO – NCSP - STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY During the construction, Stroynovatsiya, who was contracted for the renovations, included the installation of 4 pedestrian crossings with ramps. The 16-20km section spans over 3441 kilometres and has 6 highway traffic lanes with 3 lanes in each direction. After the renovations, the highway will have 5 lanes in each direction as well as the inclusion of relief roads and speed change lanes, and will be able to accommodate over 250 000 cars per day in both directions.
3. STROYNOVATSIYA TO COMPLETE RAMP ON YAROSLAVL HIGHWAY There will be 6 new structures installed during the project, which will include 4 pedestrian crossings, 1 U-turn ramp and 1 interchange. Metal guardrails, noise screens and outdoor lighting over the entire road section will also be installed. Stroynovatsiya’s new U-Turn ramp is expected to become fully operational by June 2015. Departing from Moscow, the Lena Shuttle will travel to Berkakit (Amur-Yakutsk railway, Neryungri district) on its way to Yakutsk, every 10 days. Summa Group 2015 – May – PT2 FESCO – NCSP - STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY
4. FESCO LAUNCHES NEW YAKUTIA CONTAINER SERVICE Summa Group subsidiary, FESCO (Far East Shipping Company) has launched a new regular container service on the Russian Lena Shuttle to Yakutia route. The new service will allow for FESCO clients to optimize their logisitcs and reduce costs in doing so. This forms part of FESCO’s business strategy to expand its intermodal container transportation network. Summa Group 2015 – May – PT2 FESCO – NCSP - STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY The FESCO Lena Shuttle will provide a door- to-door service with cargo being delivered to the client’s door. Shipments may be sent in either the carrier’s own container (COC) or shipper owned containers (SOC). Each leg of the trip will take more than a fortnight, with the time between Moscow and Berkakit taking between 15 and 17 days, and the transit time between Berkakit and Yakutsk between 21 and 23 days. Shipments from Vladivostok will be carried out once in 6 to 10 days with the total transit time to Berkakit being 6 to 8 days.
5. 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 comprised 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 – May – PT2 FESCO - NCSP- STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY