News

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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13 january 2014

Stroynovatsiya Wins Tender for Reconstruction of M-21 Road in Volgograd Region Worth 1.347 Billion Rubles

Stroynovatsiya, a Summa Group company, has won a tender and signed a contract for the construction and reconstruction of Route M-21 linking Volgograd and Kamensk-Shakhtinsky. The contract is worth RUB 1.347 billion. The customer is the Moscow-Volgograd Highway Administration of the Federal Road Agency....
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