News

14 december 2012

Summa Group has completed the acquisition of a stake in Far Eastern Shipping Company (Fesco Group)

Summa Group has completed the acquisition of a stake in Far Eastern Shipping Company OJSC (Fesco Group) from Sergei Generalov’s Industrial Investors Group. The purchase was financed from equity and a loan provided by a syndicate of banks consisting of GoldmanSachs, ING and Raiffeisen. It is a joint purchase involving GHP Group, which is acquiring a minority interest in Fesco Group. The total amount borrowed is $800 million...
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29 november 2012

Summa Group will support a unique reconstruction of the Museum House of Tsar Peter the Great in the Netherlands

Summa Group will support a unique project aimed at preserving cultural and historic heritage of Russia in the Netherlands – reconstruction of the Museum House of Tsar Peter the Great in Zaandam. The museum will close for the works and will reopen in March 2013...
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16 november 2012

The Yakutsk Fuel and Energy Company, OJSC is trying to ensure that the village of Kysyl-Syr in the Vilyui khanate has a reliable supply of energy

The division of the Yakutsk Fuel and Energy Company, OJSC that is in charge of servicing and repairing electrical networks has been working in the village of Kysyl-Syr in the Vilyui khanate to repair the overhead power lines and transformer substations....
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16 november 2012

The annual report of the Yakutsk Fuel and Energy Company, OJSC has been named the best in the Russian Far East

November 14, 2012. The Yakutsk Fuel and Energy Company, OJSC (part of Summa Group‘s oil and gas assets) has been declared the winner in the annual report competition, in the category – Best Annual Report From an Issuer Based in the Far Eastern Federal District....
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