News
The Summa Group company, Stroynovatsia, has won an open tender conducted by the Russian Federal Railway Transport Agency to design and build a railway line from Kyzyl to Kuragino. Its RUR 44.3 billion bid for the 147 km track beat applications from 7 other companies. The line is part of an investment project called “Construction of the Kyzyl-Kuragino Railway Line in Conjunction with the Development of Mineral Resources in the Republic of Tyva”...
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The Russian presidential aide, Arkady Dvorkovich, has been appointed to head the supervisory board of APEC’s National Business Center (NBC). Established earlier this year, APEC’s National Business Center is en route to become the leading organization for representing Russian business in the Asia-Pacific region. In 2012, Russia will chair the APEC...
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LLC «Dalport», owned by «Summa Group», and OAO «United Grain Company» (UGC) have signed a collaboration agreement for the construction of a grain transshipment terminal at Vostochny Port in the Far East. The terminal will have a capacity of 5 million metric tons per year and be able to receive up to half a million metric tons of imported goods per year. The total investment in the terminal may reach RUR 5 billion. To carry out the project, the two companies plan to set up a company which will begin construction work in 2012 and complete it in 2014....
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