News

22 january 2014

Summa Group and Kredmash Entered into an Agreement to Supply Dagestan with Three Asphalt Concrete Plants

Summa Group and Kremenchug Plant of Road Machines (Kredmash, Ukraine) have entered into an agreement to supply Dagestan with three asphalt concrete plants. The agreement was signed on January 22 in Makhachkala....
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20 january 2014

Stroynovatsiya Wins Tender for Construction of Two Segments of R-215 Road Linking Astrakhan and Makhachkala Worth RUB 7.148 Billion

Stroynovatsiya has won a competitive tender and signed a contract for the construction of two segments of Route P-215 linking Astrakhan, Kotchoubey, Kizlyar and Makhachkala, passing through the territory of the Republic of Kalmykia. The contract is worth just under RUB 7.148 billion. The customer is the North Caucasus Highway Administration of the Federal Road Agency....
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17 january 2014

Magomed Magomedov is becoming a co-owner of some of Summa Group's assets

Magomed Magomedov, the brother of Summa Group's founder Ziyavudin Magomedov, is to become a co-owner of some of the companies that make up the group. The engineering division, telecommunications business, and assets related to Novorossiysk Commercial Sea Port are at issue....
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15 january 2014

GlobalElektroServis has won the tender to construct the high-voltage 330 kW Zelenchukskaya hydroelectric and pumped-storage plant - Cherkessk transmission line which will cost 1.436 billion rubles.

GlobalElektroServis, OJSC won the open tender and was awarded the contract to construct the 330 kW Zelenchukskaya hydroelectric and pumped-storage plant - Cherkessk high-voltage line with the expansion of the 330 kW Cherkessk substation. The contract is valued at 1,436 billion rubles. The construction was ordered by Main Power Networks of the South, a branch of FGC UES, OJSC....
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