Date: 6 months ago   Category: Transport

Stocks NMTP at the Moscow Exchange have risen in price more than for 8% — Rambler News Service


Photo: Vitaly Timkiv / RIA Novosti of the Stock of the stevedoring company "Novorossiysk Commercial Sea Port" (NCSP) have grown in the morning on October 9 at the Moscow Exchange more than by 8% against the background of information on closing with Transneft of the transaction on purchase of a share of the Sum group in NMTP for $750 million. As of 10:43 Moscow time cost of one stock NMTP I made 6,975 rub on October 8 Transneft has reported that it has closed the transaction on purchase of a share of Summa Group of Ziyavudin Magomedov in the stevedoring company "Novorossiysk Commercial Sea Port" (NCSP). The amount of transaction was $750 million. Following the results of the transaction the share of Transneft in NMTP has grown to 60,62%. Closing of the transaction has been carried out by acquisition of a share of "Sum" in the Novoport Holding joint venture belonging on parity conditions of Transneft and Summa Group and controlling 50,1% of NMTP. Also Transneft has reported that for half a year the oil transportation volume by the company was 235,4 million tons, and oil products - 19,5 million tons. At the same time 34,7 billion rubles have been spent for financing of the ivestitsionny program, including 28,1 billion rubles, and oil pipelines – 6,6 billion rubles have been aimed at the development of system of the main oil pipelines. 96 billion rubles have been allocated for the program of modernization and reconstruction for the same time.

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