Press
Ziyavudin Magomedov, Summa Group Chairman of the Board of Directors, founded the venture company Caspian VC Partners (CVC) which is going to invest up to $300 million into startups. CVC contemplates the attraction of new technologies to Russia, partnering with Hyperloop Technologies that works on a new kind of transport called “hyperloops”....
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Relations between Russia and the Netherlands are going through hard times. Nevertheless, despite the fact that the Netherlands, as part of the European Union, has also imposed sanctions against Russia, the entrepreneurs of the two countries do not intend to surrender their positions to competitors. In an interview with RIA Novosti, Alexander Cherevko, the Russian Trade Representative in the Netherlands, talked about how they will be able to do this....
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We met with Ziyavudin Magomedov, chairman of the board of directors of the Summa Group, during the APEC Summit in Beijing. The Big Port Zarubino, being implemented by the Summa Group (see Chernovik №26 of 07.04.14 – editor’s note), is not just a business project, but also an important strategic point of contact between Russia and China....
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The parties have signed an agreement of intent. Under the agreement the Chinese company CMHI will become a minority shareholder of the port, announced Ziyavudin Magomedov, owner of the Summa Group. Mr. Magomedov did not specify how the transaction will be structured or the amount of the shares that CMHI will purchase....
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