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Mediavision - Summa Group - Creative Doc - Sept 2015 PT1 FINAL

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<strong>Summa</strong> <strong>Group</strong> <strong>2015</strong><br />

<strong>Summa</strong> <strong>Group</strong> News<br />

All the latest news from the <strong>Summa</strong> <strong>Group</strong><br />

<strong>Sept</strong> <strong>2015</strong> – Part 1<br />

FESCO - NCSP- STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY


<strong>Summa</strong> <strong>Group</strong> <strong>2015</strong> – <strong>Sept</strong> – PT 1<br />

RDIF COLLABORATES WITH NORTHERN COAL TERMINAL<br />

The Primorneftegazprom, managed by the <strong>Summa</strong> <strong>Group</strong>,<br />

is leading a project between the Vostochny Port and<br />

Russian Direct Investment Fund (RDIF). The North coal<br />

terminal construction project will see the RDIF help lead<br />

international investors to the port in the Primorsky region.<br />

Chairman of the <strong>Summa</strong> <strong>Group</strong>’s board of directors,<br />

Ziyavudin Magomedov, comments on the new<br />

relationship,<br />

“As President Vladimir Putin has frequently emphasized,<br />

we must strengthen the position of Russian coal in<br />

international markets, including the promising Asia-Pacific<br />

region. Without the development of efficient transport<br />

infrastructure, this would not be possible. The planned<br />

“equal access” terminal will be specifically aimed at<br />

servicing small and medium-sized coal mining companies<br />

that lack their own transshipment facilities.”<br />

FESCO – NCSP - STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY


<strong>Summa</strong> <strong>Group</strong> <strong>2015</strong> – <strong>Sept</strong> – PT 1<br />

RDIF COLLABORATES WITH NORTHERN COAL TERMINAL<br />

CEO of the Russian Direct Investment Fund says,<br />

“Vostochny port is essential in connecting one of Russia’s<br />

most important railroads with sea routes to leading Asia-<br />

Pacific countries. It has the potential to become a major<br />

transport link within Russia’s Far East region. The new<br />

terminal will improve Russian companies’ export<br />

potential, making it easier for them to access<br />

international markets. It will also boost the development<br />

of the Primorsky region.”<br />

The coal terminal will be used to ship Russian coal to<br />

countries in the Asia-Pacific region. With an initial<br />

capacity of 7 million tons per year, the terminal is<br />

scheduled to open in 2018 and plans to increase its<br />

capacity to 20 million tons per year.<br />

FESCO – NCSP - STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY


<strong>Summa</strong> <strong>Group</strong> <strong>2015</strong> – <strong>Sept</strong> – PT 1<br />

PJSC NCSP IS RENAMED IN RUSSIAN<br />

The NCSP, part of the <strong>Summa</strong> <strong>Group</strong>, has amended their name, officially, in compliance with Federal<br />

law. The Civil Code of the Russian Federation required the official name to be recoded in Russian; it<br />

will remain the same in English.<br />

The official name has changed from Open Joint Stock Company Novorossiysk Commercial Sea Port<br />

to the Public Joint Stock Company Novorossiysk Commercial Sea Port, which was effective from the<br />

15 th of July <strong>2015</strong>.<br />

While the NCSP <strong>Group</strong> remains the third largest port operator in Europe and the largest port<br />

operator in Russia, they continue to trade on Russia’s Moscow exchange and on the London stock<br />

exchange.<br />

FESCO – NCSP - STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY


<strong>Summa</strong> <strong>Group</strong> <strong>2015</strong> – <strong>Sept</strong> – PT 1<br />

FESCO RELEASES 6 MONTHS’ RESULTS FROM <strong>2015</strong><br />

Highlights of FESCO’s Transportation group saw the company improve its financial results in the<br />

following manner:<br />

• Export-Import sea container services through Russian Far East 45.9%<br />

• Import container handling in Far East basin with market share of 34.7%<br />

• <strong>Group</strong> EBITDA increased year on year by 2.3%<br />

• CAPEX decreased by $9.1million in <strong>2015</strong> by 36.3%<br />

• Rail cargo load increased to 10 million tons year on year by 1%<br />

• Rail container decreases improved year on year by 2.3%<br />

Pressure put on FESCO by the macroeconomic environment lead the company to address market<br />

headwinds, and to successfully implement its cost-cutting initiatives with targeted effect of $40<br />

million in <strong>2015</strong> alone.<br />

FESCO – NCSP - STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY


<strong>Summa</strong> <strong>Group</strong> <strong>2015</strong> – <strong>Sept</strong> – PT 1<br />

ABOUT THE SUMMA GROUP<br />

<strong>Summa</strong> <strong>Group</strong> specialises and invests in port logistics,<br />

engineering, construction, oil and gas sectors as well as<br />

telecommunications. <strong>Summa</strong> <strong>Group</strong> is a diversified<br />

private holding that comprises of more then 10 000<br />

people in 40 regions of Russia and abroad.<br />

Mr Ziyavudin Magomedov is the founder and<br />

shareholder of the <strong>Summa</strong> <strong>Group</strong>, which celebrated its<br />

10 year anniversary in 2014.<br />

FESCO - NCSP- STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY

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