Summa News

Latest news from Summa Group 2014

Summa News Oct 2014 PT1
NCSP Adjusts Executive Members Board
Summa Group subsidiary NCSP has made some changes to their board of directors. As of
the 1
st
October 2014, recently appointed CEO Sultan Batov has now been included on the
executive board while former CEO Turiy Matvienko, Alexander Ryzhkov and Alexey
Knyazev have been excluded.

The PJSC NCSPs Executive Board now consists of the following 4 members:
Sultan Batov as CEO and General Director
Igor Terentyev as Executive Director
Eduard Borovok as Legal Director
German Kachan as Chief Accountant.











Summa News Oct 2014 PT1
Summa Group Appoints New President
Summa News Oct 2014 PT1
The Summa Group has appointed a new president as of 1
st
October, 2014. Vladimir Kayashev
has taken over the role from Alexander Vinokurov.

After more than 3 years, former Summa Group president Alexander Vinokurov has left his
position at the group. Chairman of the Summa Group Board of Directors, Ziyavudin
Magomedov, commented on the change, stating that Vinokurov had put the group on the
right course with an effective development strategy. During his time the Summa Group had
completed numerous important transactions and developed relationships with new
structures. During Vinokurovs management, the Summa Group completed various
important deals including:

Acquisition of shares in FESCO
Acquisition of shares in OJSC United Grain Company
Implemented effective corporate development strategies for the Group.

Vinokurov will continue to contribute to many Summa Group projects including construction
of the Bolshoy Zarubino Port in the Far East.
Victor Rassadin Receives Prize from
YATEC
Summa News Oct 2014 PT1
Summa Group subsidiary YATEC has awarded Victor Rassadin, winner of the VII International
Wrestling Tournament, a special prize for winning the championship. Rassadin won the up to
57kg weight category in the event held in Yakutsk in early October. The championship is held
in memory of legendary wrestling coach Dmitry Korkin.

YATEC has awarded Rassadin 100 000 roubles. Rassadin comments on the prize, Where to
spend the hundred thousand, I do not know!
Director General of JSC YATEC, Zairbek Kamilevich Yusupov,
comments on the prize, Our company pays special attention to
the development of sports in Yakutia. We are happy to contribute
to the organisation of sporting events as well as support the
athletes. He goes on to comment on the fact that the group has
supported Rassadin throughout his development as an athlete
and will continue to do so. This is the motivation behind creating
the Yakutsk Fuel and Energy Company young athlete prize which
Rassadin recently won.
About Summa Group
Summa Group specialises and invests in port logistics, engineering, construction, oil and
gas sectors as well as telecommunications. Summa Group is a diversified private holding
that comprises of more then 10 000 people in 40 regions of Russia and abroad.

Mr Ziyavudin Magomedov is the founder and shareholder of the Summa Group, which
will reach its 10 year anniversary in 2014.

Summa News Oct 2014 PT1