Summa Group News 2015 - May PT2
News from the Summa Group's subsidiaries: FESCO and Stroynovatsiya. Both are extending services via road and sea.
News from the Summa Group's subsidiaries: FESCO and Stroynovatsiya. Both are extending services via road and sea.
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<strong>Summa</strong> <strong>Group</strong> <strong>2015</strong><br />
<strong>Summa</strong> <strong>Group</strong> <strong>News</strong><br />
All the latest news from the <strong>Summa</strong> <strong>Group</strong><br />
<strong>May</strong> <strong>2015</strong> – Part 2<br />
FESCO - NCSP- STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY
<strong>Summa</strong> <strong>Group</strong> <strong>2015</strong> – <strong>May</strong> – <strong>PT2</strong><br />
STROYNOVATSIYA TO COMPLETE RAMP ON YAROSLAVL HIGHWAY<br />
Stroynovatsiya, part of the <strong>Summa</strong> <strong>Group</strong>, will be completing a newly constructed U-turn ramp on<br />
the M-8 Kholmogory Highway near Moscow. The M-8 Kholmogory Highway’s 16-20km section<br />
has been newly renovated in order to provide a turn around for traffic traveling from Moscow and<br />
neighbouring villages. The U-Turn ramp with all reduce traffic built up at the Korolev Junction.<br />
During the construction Stroynovatsiya,<br />
who was contracted for the renovations,<br />
included the installation of 4 pedestrian<br />
crossings with ramps. The 16-20km<br />
section spans over 3441 kilometers and<br />
has 6 highway traffic lanes with 3 lanes in<br />
each direction.<br />
After the renovations, the highway will have<br />
5 lanes in each direction as well as the<br />
inclusion of relief roads and speed change<br />
lanes and will be able to accommodate<br />
over 250 000 cars per day in both<br />
directions.<br />
FESCO – NCSP - STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY
<strong>Summa</strong> <strong>Group</strong> <strong>2015</strong> – <strong>May</strong> – <strong>PT2</strong><br />
STROYNOVATSIYA TO COMPLETE RAMP ON YAROSLAVL HIGHWAY<br />
There will be 6 new structures installed during the<br />
project, which will include 4 pedestrian crossings, 1 U-<br />
turn ramp and 1 interchange. Metal guardrails, noise<br />
screen and outdoor lighting over the entire road section<br />
will also be installed.<br />
Stroynovatsiya’s new U-Turn ramp is expected to become<br />
fully operational by June <strong>2015</strong>.<br />
FESCO – NCSP - STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY
<strong>Summa</strong> <strong>Group</strong> <strong>2015</strong> – <strong>May</strong> – <strong>PT2</strong><br />
FESCO LAUNCHES NEW YAKUTIA CONTAINER SERVICE<br />
<strong>Summa</strong> <strong>Group</strong> subsidiary, FESCO (Far East Shipping Company) has launched a new regular<br />
container service on the Russian Lena Shuttle to Yakutia route. The new service will allow for FESCO<br />
clients to optimize their logisitcs and reduce costs in doing so. This forms part of FESCO’s business<br />
strategy to expand its intermodal container transportation network. The FESCO Lena Shuttle will<br />
provide a door to door service with cargo being delivered to the client’s door. Shipments may be sent<br />
in either the carrier’s own container (COC) or shipper owned containers (SOC).<br />
Each leg of the trip will take more than a<br />
fortnight, with the time between Moscow and<br />
Berkakit taking between 15 and 17 days and the<br />
transit time between Berakit and Yakutsk<br />
between 21 and 23 days. Shipments from<br />
Vladivostok will be carried out once in 6 to 10<br />
days with the total transit time to Berkakit being<br />
6 to 8 days. Departing from Moscow, the Lena<br />
Shuttle will travel to Berkakit (Amur-Yakutsk<br />
railway, Neryungri district) on its way to Yakutsk,<br />
every 10 days.<br />
FESCO – NCSP - STROYNOVATSIYA – INTEX – YATEC – UNITED GRAIN COMPANY
<strong>Summa</strong> <strong>Group</strong> <strong>2015</strong> – <strong>May</strong> – <strong>PT2</strong><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