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2011 November 3   09:28

NCSP announces its units executives replacement

Novorossiysk Commercial Sea Port (NCSP Group) has announced some changes in the management team of its subsidiaries, the Group said Thursday.

General Director of NovorosLesExport and Novorossiysk Grain Terminal Dmitriy Bolotov resigned to head the project for construction of a multipurpose ‘dry’ logistics terminal in Krasnodar Region. The logistics terminal project is aimed at development of transport industry of the southern region of Russia (to ensure cargo volumes for the ports of Novorossiysk, Kavkaz and Taman), the Company said.

The Group named Igor Andreev as Interim General Director of OJSC Novorossiysk Grain Terminal
Albert Likholet was appointed Interim General Director of OJSC NovorosLesExport.

Novorossiysk Commercial Sea Port Group is the largest Russian port operator. The NCSP Group incorporates the following stevedore companies: PJSC Novorossiysk Commercial Sea Port, PJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Shipyard, PJSC Fleet of NCSP, OJSC NovorosLesExport, OJSC IPP, Baltic Stevedoring Company Ltd. and PJSC Primorsk Trade Port Ltd. (since 2011). Cargo throughput of NCSP Group in 2010 (excluding PTP) totaled 81,6 million tons. NCSP Group’s net income (IFRS) for 2010 grew by 2.5% to $258.44 million, revenues decreased by 5.9% to $ 635.3 million

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