Russia’s key rail container operator: Abramovich in, Magomedov out
NewsRoman Abramovich, the Russian magnate globally known as the owner of English Premier League football club Chelsea, along with his business p...
Transneft consolidates control of Russia’s biggest sea port
NewsRussia’s pipeline monopoly now owns 60.6% of port operator and management company Novorossiysk Commercial Sea Port. Rashid Sharipov has be...
Ziyavudin Magomedov detention without trial – sensational new development
NewsRussia’s Prosecutor General has made a sensational statement about the reasons behind the imprisonment of Summa Group’s owners and his c...
Summa Group’s bank accounts blocked
NewsContinued detention without trial of Ziyavudin Magomedov sparks fears for future of Summa group, a key player in the Russian shipping and p...
FESCO shares for DP World?
NewsRussian billionaire and Summa Group owner Ziyavudin Magomedov is reported to be negotiating to sell shares in FESCO to a consortium of DP Wo...
DP World teams with Summa Group
NewsDP World and Russia's Summa Group have signed a Memorandum of Understanding to explore investment opportunities in ports, special economic z...
Summa in for Russian Troika?
NewsIt is reported that Russian Railways is considering selling its remaining stake in Russian Troika to Summa Group...
Summa to sell TransContainer stake?
NewsSumma Group is reportedly seeking to sell its 23.7% interest in Russia’s leading rail container operator...
Global Ports to acquire NCC
NewsPractically all Russia's container handling capacity in the Russian Baltic will be concentrated in Global Ports Investments' hands...
TransContainer thinking big
NewsRussian rail intermodal operator Transcontainer is planning to invest more than US$420M in 2012 and 2013...
Summa strengthens its FESCO hand
NewsSumma's purchase of FESCO is expected to be completed on 15 June, the day of FESCO’s AGM...