Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa

The Owners of the "Summa" Group Lost About Four Billion Rubles
April 12, 2018 11:25


The owners of the "Summa" Group, Ziyavudin and Magomed Magomedov, who were arrested for two months by the decision of  Tverskoy Court of Moscow, lost about four billion rubles to reduce the value of the shares of the companies belonging to the Group. Most of all the quotes of transport group FESCO fell.

So, the shares of the Far Eastern Shipping Company (the parent company of the Group) decreased by 19.4 percent, to 5.4 rubles per a share.

Shares of Novorossiysk Commercial Sea Port fell by 3.7 percent, to 7.5 rubles, Transcontainer's securities (half owned by Russian Railways) decreased by 4.7 percent, to 4,715 rubles.

Ziyavudin and Magomed Magomedov were arrested on March 31 on suspicion in embezzlement, fraud and creation of criminal community. 


Author: Anna Dorozhkina


Next Previous

You might also find interesting:

Is Trump Really "Friendly" For Russia? The Best Beaches Of The Moscow Region Sochi-2014 Results Rosneft Drilled the Central Olginskaya-1 Well Simplification Of Obtaining Russian Citizenship

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Moscow  Tsaritsyno  Russian Folk Music  sanctions  Russian tourism  Miss Tourism   St. Petersburg  Russian Rock Music  Russian sport  what to do in Sochi  Archeology  Ostrogoschsk  Siberia  Russian Cinema  Rostov  Sergey Krikalyov  Fashion Museum  Russian Aviation Day  Russian radio  Russian Composers  travel to Russia  Old Moscow  Russian business  Russian citizenship  Maykop  Murmansk  Ecotourism  Russian regions  Russian sportswomen  volunteers  World Chess Olympiad  Alexander Lebedev  Exhibitions in Moscow  migration in Russia  traffic rules  Lilac Garden  Woodwork  Novosibirsk Monuments  Republic of Buryatia  Film Festivals  Yehuda Pen  Russian Railways  Rusal  Alexei Navalny  Russian finance  Mercedes-Benz Fashion Week Russia  Kaliningrad Region  Festivals in Moscow  Russian Museum  Fyodor Bondarchuck 

Travel Blogs
Top Traveling Sites