Press

9 september 2015

Ziyavudin Magomedov Plunges into Caspian

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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4 september 2015

Magomedov Reveals Summa’s Sources of Financing for Port Zarubino Project

Summa Group estimates the Port Zarubino project at $3 billion, being ready to invest $1.0–1.5 billion of its own funds, and is also discussing bank financing as well as government support for infrastructure creation, the Group’s main shareholder Ziyavudin Magomedov said to RIA Novosti....
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