Press
The group is planning to build a highway to Makhachkala
Stroynovatsiya, owned by Ziyavudin Magomedov’s Summa Group, has won a contract worth more than RUB 7 billion to build two sections of the highway linking Astrakhan and Makhachkala. The company has already won road construction contracts worth almost RUB 30 billion....
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Stroynovatsiya, owned by Ziyavudin Magomedov’s Summa Group, has won a contract worth more than RUB 7 billion to build two sections of the highway linking Astrakhan and Makhachkala. The company has already won road construction contracts worth almost RUB 30 billion....
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Materials from the Federal Antimonopoly Service /FAS/ state that the service has approved an application from Shevronne Investments Ltd, registered in the British Virgin Islands, to be given the rights to determine the business environment for companies from Summa Group's engineering and telecommunications division....
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Fesco plans to develop grain handling at the Commercial Port of Vladivostok (CPV), which the company owns. A representative of the company told Vedomosti that the first shipment of 2,500 tons was sent through the port to Japan at the end of last year. He did not disclose the name of the cargo shipper....
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Summa has announced that the structural organization of Summa Group - Port Petrovsk, LLC (which owns 20 hectares of land at the port in Makhachkala) and the FSUE Makhachkala Commercial Seaport (MCS) have signed an agreement of intent. A source with close ties to one of the companies says that according to this agreement, the Summa organization will build new terminals in Makhachkala: one for petroleum products, a terminal to reload general cargo, plus another one for containers. He specified that Summa could invest $300 million in the development of the port in Makhachkala....
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