Summa Group News October 2014 PT2

News from Summa Group.

Transcript

1. Summa News Latest news from Summa Group 2014 Summa News – Oct 2014 – PT2
2. Summa Group & China to Build Logistics Center Russian Prime Minister Dmitry Medvedev and the Chinese Premier Li Keqiang met on 13th October 2014 where they were able to come to a number of intergovernmental and corporate agreements. One of the latest developments will be the building of a logistics centre in China which calls for construction in the border town of Hunchun. The purpose of the logistics centre is to help facilitate the flow of cargo from the Big Port Zarubino in the Primorsky Territory. This will speed up transhipment in the seaport and improve the logistics of the service as a whole. Summa News – Oct 2014 – PT2 The Chinese railroad and the Russian railway both run to Hunchun, which will also help with logistics. The project will integrate the 40m ton grain terminal, 2m-TEU container terminal, Ro/Ro Terminal for 1.5m units of rolling cargo a year and a general cargo terminal. The port’s total capacity will reach 60m tons and will become one of Russia’s largest universal ports. The president of Summa Group, Vladimir Kayashev, and the vice governor of Jilin, Chen Weigen, signed the document.
3. Berth Reconstruction at Novorossiysk Summa News – Oct 2014 – PT2 NCSP (Novorossiysk Commercial Sea Port Group), a subsidiary of the Summa Group, has engaged PortGidroSroi in order to refurbish berths 28A, 28, 29 and 30 at the Port of Novorossiysk. The first stage of the project, which should take approximately one year, will cost 232 million rubles and will enable PJSC Novoroslesexport to add more transhipment equipment, speed up cargo operations, reduce time and service larger ships. Once the upgrade is complete, the berth will be able to harbour ships up to 200 meters long and 32.2 meters wide. NCSP has agreed to work with the Russian government to develop the transport industry. This berth reconstruction project falls within this agreement. The Novorossiysk Port is located on the north-east coast of the Black Sea and is Russia’s largest commercial sea port.
4. FESCO Prepares for Russian Grand Prix Summa News – Oct 2014 – PT2 The Far East Shipping Company (FESCO), a subsidiary of the Summa Group, was proud to help prepare for the Russian Grand Prix by helping with the transportation of race cars, tires, equipment and food products. The race haul arrived in Sochi, from Istanbul (Turkey), on a specially charted container ship: Onat. FESCO Transportation Group has extensive experience in shipping cargo to Sochi as they also helped with the transportation for the 2014 Winter Olympic Games. The Russian Grand Prix kicked off on 10th October and saw the main race occur on 12th October. Events were held at the Sochi Autodrom in Krasnodar Krai, western Russia.
5. About 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 will reach its 10 year anniversary in 2014. Summa News – Oct 2014 – PT2