Yuri Matvienko elected CEO of Novorossiysk Commercial Sea Port
Novorossiysk Commercial Sea Port Group announces that today, 18 June 2013, an Extraordinary General Meeting of Shareholders (EGM) has elected Yuri Matvienko as the General Director (CEO) of NCSP OJSC.
As it was reported earlier, Matvienko’s candidacy was proposed by PJSC NCSP shareholder Novoport Holding Ltd and unanimously approved as the only candidate for CEO by the PJSC NCSP Board of Directors on 22 May 2013.
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.
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