Taganrog Commercial Seaport increased investments into port infrastructure 2.3 times to RUB 30 mln in 2015

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.