Seven BoD members elected at Annual General Meeting of NCSP Shareholders
Seven members of the BoD were elected at the Annual General Meeting of NCSP Shareholders held on 17 June 2013, the Company’s press center says.
The Meeting elected the following members of the Board of Directors (supervisory board): Mikhail Barkov, Alexander Vinokurov, Maxim Grishanin, Vitaliy Sergeychuk, Alexander Tikhonov, 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.
Novorossiysk Commercial Sea Port (NCSP Group) is Russia’s largest port operator in terms of cargo turnover. 50.1% shares of NCSP belong to Novoport Holding Ltd, the beneficial owners of which are OJSC Transneft and Summa Group. The Group comprises the following stevedoring companies: Novorossiysk Commercial Sea Port OJSC, Primorsk Commercial Port, Novorossiysk Grain Terminal OJSC, Novorossiysk Ship Repair Yard OJSC, NCSP Fleet OJSC, Novoroslesexport OJSC, IPP OJSC, Baltic Stevedore Company LLC and SFP CJSC. In 2012, the Group’s throughput gained 1.2% to 158.9 mln tonnes. The Group’s consolidated IFRS revenue was $1,034 mln, EBITDA - $591.5 mln.
