Novorossiysk Commercial Sea Port (NCSP Group) announces the results of PJSC NCSP’s Annual General Meeting of Shareholders held on 27 June 2014, the Group’s press center says. At the meeting the decision was made to elect the following members of the Board of Directors (supervisory board): Mikhail Barkov, Alexander Vinokurov, Maxim Grishanin, Sergey Kireev, Vitaliy Sergeychuk, Marat Shaydaev;
Viktor Olerskiy, the seventh member of the Board, is appointed by the Government of the Russian Federation as the State’s representative on the Board of Directors under the “golden share” rule.
NCSP Group is the largest port operator in Russia and the third-largest in Europe, in terms of cargo turnover. NCSP Group cargo turnover in 2013 totalled 141 million tonnes. Consolidated revenue to IFRS in 2012 totalled USD 928 million and EBITDA was USD 510 million. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, PJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, OJSC NCSP Fleet, OJSC NLE, OJSC IPP, CJSC Baltic Stevedore Company, and CJSC SFP.