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Summa Group News P2 May 2014

Summa
May 05, 2014

Summa Group News P2 May 2014

Part 2 of the latest news from Summa Group for May 2014.

Summa

May 05, 2014
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  1. Stroynovatsiya Renovating Vladikavkaz Airport Summa Group subsidiary, Stroynovatsiya, is the

    only eligible tender applicant under the Administration of Civilian Airports of the Federal State Unitary Enterprise (FSUE) to renovate the Vladikavkaz airport in North Ossetia, Russia. Four other companies also submitted applications to apply for the tender but their bids did not meet the tender document requirements. Stroynovatsiya offered the budget of just over 1 704 678 072.18 rubles, with a maximum purchase price of 1 843 220 770.88 rubles. Summa News – May 2014 Part 2 The commission declared the other under budget applications as invalid and entered into a contract with Stroynovatsiya. The Vladikavkaz International Airport was founded in 1993 and will be upgraded over the next few years.
  2. Vilyay River Gains New Quay In YATEC news the village

    of Kysyl-Syr, situated in the Vilyay District, recently gained a new quay on the banks of the Vilyay River which is already in service. The facility was constructed under the order of Yakutsk Fuel and Energy Company. The new installation now allows the quantity of methanol being brought in to be doubled. It also allows gas condensate to be shipped out to feed boilers in the Arctic branches of the state unitary enterprises in the Republic of Sakha. Summa News – May 2014 Part 2 The main function of the quay is to pump, receive oil products and equipment from barges, and unload all types of bulky cargo and construction materials. The quay consists of two quay walls and a product pipeline that links the walls to a tank farm 4 kms away. The quay is also an important link in the transportation system as it allows the reception of goods to be supplied to the residents of the Vilyay district, uninterrupted, during the shipping season.
  3. 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 – May 2014 Part 2