NCSP Group is Europe’s third largest port operator in terms of cargo turnover, and the undisputed leader in the Russian market.
The Group operates two of the largest Russian ports – Port of Novorossiysk on the Black Sea coast, and Port of Primorsk on the Baltic Sea – as well as Port of Baltiysk in Kaliningrad region.
The ports of the Group are an integral part of major international cargo transit routes that connect Russia with Europe, the Middle East, North Africa, South-East Asia, North and South America, which makes them the key gateways for Russia’s export and import trade.
In 2012 NCSP Group’s market share amounted to 28% of the total cargo turnover at Russian seaports, as well as for 56% of crude oil handling at seaports, and 33% of grain handling at seaports.
Group’s cargo turnover in 2012 totaled 159 million tons, of which 83 million tons were loaded at the Port of Novorossiysk, and 75 million tons were loaded at the Port of Primorsk.
NCSP Group’s consolidated revenue to IFRS comprised $ 1034 million; EBITDA $ 592 million, and net profit $316 million.
NCSP Group Cargo Turnover for 2014 totaled 131 million tonnes
Novorossiysk Commercial Sea Port Group (NCSP Group or the Group) (LSE: NCSP, Moscow Exchange: NMTP) announces that its consolidated cargo turnover for the full-year 2014 amounted to 131 131.6 thousand tonnes.
CORRECTED: Resolutions of PJSC NCSP’s Board of Directors
The following amendment(s) has (have) been made to the 'Resolutions of PJSC NCSP’s Board of Directors ' announcement released on 16 January 2015.
Information on approval of related-party transactions with FESCO Integrated Transport Ltd was excluded.
All other details remain unchanged. The full amended text is shown below.