In 2015, Taganrog Commercial Seaport OJSC transferred RUB 30 mln for implementation of its programme on the development of port infrastructure, up 2.3 times, year-on-year. The Company says the bulk of the finances was allocated for modernization and renovation of equipment at the oil terminal.
Taganrog Commercial Seaport OJSC is a key stevedoring company of the Taganrog port. The major shareholder of Taganrog Commercial Seaport OJSC is UCL Port, stevedoring division of the International transportation group UCL Holding which controls a number of stevedoring assets in the South and North West of Russia. In 2015, Taganrog Commercial Seaport handled 1.455 mln t of cargo.