NCSP announces tender for development of Declaration of Intent to invest in reconstruction of Group’s terminals

NCSP Group has announced a tender for development of a Declaration of Intent to invest in reconstruction of the Group’s transshipment terminals, inner and outer water areas of port Novorossiysk. According to the tender materials, maximum price is RUB 73.6 mln. The deadline for application of bids is 30 December 2016.

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 2015 totalled 139.7 million tonnes. Consolidated revenue to IFRS in 2014 totalled USD 956 million and EBITDA was USD 569 million. NCSP Group consolidates the following companies: PJSC Novorossiysk Commercial Sea Port, LLC Primorsk Trade Port, JSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, OJSC NCSP Fleet, JSC NLE, OJSC IPP, Baltic Stevedore Company LLC, and JSC SFP.