Press

21 june 2013

Summa Group is not ruling out the possibility of increasing its stake in UGC

In an interview with the Prime agency in the corridors at SPIEF, Ziyavudin Magomedov, the chairman of the board of directors of Summa Group, which owns 50% minus one share of United Grain Company (UGC), stated that Summa Group is not ruling out the possibility of increasing its stake in UGC, but all will depend on the size of the share portfolio and the conditions the state will offer during the privatization process...
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6 may 2013

“Our goal is to create the industry champions”. Interview with The Summa Group President Alexander Vinokurov

We see Summa Group as an international company domiciled in Russia...
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8 march 2013

The court comes down on the side of PTP in a dispute with Rosprirodnadzor about the environmental condition of the port

On 26 February 2013, the State Arbitration Court of St Petersburg and the Leningrad Region recognised as unlawful and subject to reversal the resolution issued by the Rosprirodnadzor department for the North West Federal Area fining OOO Primorskiy Trade Port (PTP, which belongs to the Novorossiysk Sea Trade Port Group (РТС: NMTP)), a source familiar with the court ruling informed Interfax...
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23 january 2013

“Cargo will always seek out the most economical route,” Rado Antolovich, the general director of the Novorossiysk Commercial Sea Port.

Rado Antolovich, the general director of the Novorossiysk Commercial Sea Port, has worked in ports in various countries, and he is certain that nowhere in the world the traffic in container freight is growing as quickly as in Russia...
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