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21 january 2014
Summa Building Highways
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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16 january 2014
The FAS has decided to allow Ziyavudin Magomedov's elder brother Magomed to have his rights formalized as co-owner of some of Summa Group's assets.
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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14 january 2014
Fesco to deliver grain to Asia
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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