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Novorossiysk Commercial Sea Port
JSC Novorossiysk Commercial Sea Port (NCSP Group) (''Новороссийский морской торговый порт'') is the third largest port operator in Europe and Russia's largest commercial sea port operator. The company is headquartered in the city of Novorossiysk on the Black Sea coast. The company operates the Port of Novorossiysk and the Baltic ports of Primorsk and Baltiysk. In 2017, the company oversaw a cargo turnover of 143.5 million tons. The company handled about 18% of total cargo turnover in Russia in 2017. Overview The company provides stevedoring services, including shipment of oil and oil products, other liquid cargo, dry bulk cargo and general cargo. It provides tug, towing and mooring services for vessels in and around the Novorossiysk seaport, and also provides emergency, hazardous materials response and waste management services at the Port. Following the 1998 Russian financial crisis, business partners Alexander Ponomarenko and Alexander Skorob ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Alexander Ponomarenko
Alexander Anatolyevich Ponomarenko (Russian: Александр Анатольевич Пономаре́нко) (born 27 October 1964) is a Russian-Cypriot billionaire businessman who made his fortune in banking, sea ports, commercial real estate and airport construction. Early life Alexander Ponomarenko was born 27 October 1964 in Crimea, Belogorsk City, Soviet Ukraine. He earned a bachelor's degree from Simferopol State University, followed by a master's from Russian State Academy of Management. From 1983 to 1985, Ponomarenko served in airborne divisions of the armed forces. By the end of the 1980s, he was the junior boxing champion of Ukraine. Career Ponomarenko has worked for much of his career with fellow billionaire Aleksandr Skorobogatko. In the late 1980s, the duo founded an enterprise in the Crimea that specialised in perfume products and building materials. The two later moved to Moscow and founded the Russian General Bank in 1996. In 2006, according to Vedomosti ...
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Companies Listed On The Moscow Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Companies Based In Novorossiysk
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ...
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Port Operating Companies
A port operator is a port authority or company that contracts with the port authority to move cargo through a port at a contracted minimum level of productivity. They may be state-owned (particularly for port authorities) or privately run. The work involves managing the movement of cargo containers between cargo ships, trucks and freight trains and optimizing the flow of goods through customs to minimize the amount of time a ship spends in port. Maintaining efficiency involves managing and upgrading gantry cranes, berths, waterways, roads, storage facilities, communication equipment, computer systems and dockworkers' union contracts. The port operator also manages paperwork, leases, safety and port security. Largest port operators This is a list of the world's largest port operators in terms of total cargo tonnage handled. *Hutchison Port Holdings (Hong Kong, People's Republic of China) *PSA International (Singapore) *DP World (Dubai, United Arab Emirates) *APM Terminals (The Ha ...
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Newsweek
''Newsweek'' is an American weekly online news magazine co-owned 50 percent each by Dev Pragad, its president and CEO, and Johnathan Davis (businessman), Johnathan Davis, who has no operational role at ''Newsweek''. Founded as a weekly print magazine in 1933, it was widely distributed during the 20th century, and had many notable editors-in-chief. The magazine was acquired by The Washington Post Company in 1961, and remained under its ownership until 2010. Revenue declines prompted The Washington Post Company to sell it, in August 2010, to the audio pioneer Sidney Harman for a purchase price of one dollar and an assumption of the magazine's liabilities. Later that year, ''Newsweek'' merged with the news and opinion website ''The Daily Beast'', forming The Newsweek Daily Beast Company. ''Newsweek'' was jointly owned by the estate of Harman and the diversified American media and Internet company IAC (company), IAC. ''Newsweek'' continued to experience financial difficulties, whic ...
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Magomed Magomedov (kickboxer)
Magomed "The Propeller" Magomedov (russian: Магомед Магомедов, born June 4, 1982 in Dagestan) is a Russian former kickboxer fighting out of Chinuk Gyn from Minsk, Belarus. He was six time amateur Russian kickboxing champion and the professional WMC and IMF Light Heavyweight World Muay Thai Champion. Biography and career Magomed Magomedov is an ethnic Avar, he was born in Makhachkala, Dagestan. Before turning pro he had over 100 wins as an amateur, was a two time Amateur World champion, European champion and six time Russian champion. He turned pro in 2001 and moved to Bangkok, Thailand. Started training at the Rompo Gym with his brothers Arslan and Alipdek Magomedov who both are professional fighters as well. His first professional WMC World title match was in 2004, against Australian Nathan Corbett. Magomedov lost the five round battle by unanimous decision. A month later he moved up a weight class and won the WMC World Title against Clifton Brown. In ...
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Ziyavudin Magomedov
Ziyavudin Gadzhievich Magomedov (russian: link=no, Зиявудин Гаджиевич Магомедов, born 1968) is a Russian billionaire businessman. He is the main owner of the privately-held investment company Summa Group. In March 2018, he was arrested and charged with "racketeering and embezzlement of state funds". Early life Ziyavudin Magomedov was born in 1968 in Makhachkala, Dagestan. In 1993 he earned a bachelor's degree in international economics from Moscow State University. Career From 1994 to 1998, Magomedov was the President of IFC - Interfinance. In 2006, "Slavia" controlled by Magomedov, bought 76% of shares of "Yakutgazprom" for 628.5 million rubles. In 2006, "Summa Telecom" controlled by Magomedov and his brother, Magomed, received frequencies in the 2.5-2.7 GHz band for the provision of wireless technology WiMax throughout Russia, but there were problems with the use of those frequencies. In 2010, he became the representative of Russia in APEC ...
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Transneft
Joint Stock Company Transneft (russian: Транснефть) is a state-controlled pipeline transport company headquartered in Moscow, Russia. It is the largest oil pipeline company in the world. Transneft is operating over of trunk pipelines and transports about 80% of oil and 30% of oil products produced in Russia. The company is led by Nikolay Tokarev. History Transneft was established by the Government of the Russian Federation on 14 August 1993 and it was registered by the Moscow Registration Chamber on 26 August 1993. Semyon Vainshtok headed Transneft from 13 September 1999 to 11 September 2007. born October 5, 1947, Climăuți, Dondușeni District, Moldavian SSR), ''Weinstock'' is another spelling of his surname. Through his shell companies in Bahamas, Cyprus, and Switzerland, he has investments with Aker Solutions, the largest Norwegian oil company which was formerly known as ''Aker Kværner''. In the late 1990s, Vainshtok ensured the funding of Baltic Pipeline S ...
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Aleksandr Skorobogatko
Aleksandr Ivanovich Skorobogatko (russian: Александр Иванович Скоробогатько) (born 15 September 1967) is a Ukrainian-Russian billionaire businessman and former deputy member in the State Duma, having represented the Liberal Democratic Party of Russia (2003-2007) and United Russia (2007-2016). He has previously served as the Deputy Chairman of the Committee on Civil, Criminal, Arbitral and Procedural Law. As of 26 July 2022, his net worth is estimated at $ 2.8 billion. Early life Skorobogatko was born in Ukraine, Soviet Union in 1967 to a mining family. He graduated from the Slavyansk State Pedagogical Institute in 1994 with a degree in physical education, and then earned a master's degree in finance from Plekhanov Russian Academy in 1996. He was later awarded a degree in Law from the Saint Petersburg Academy of Sciences of the Russian Ministry of the Interior. Business career Skorobogatko, together with his partner Alexander Ponomarenko, launche ...
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1998 Russian Financial Crisis
The Russian financial crisis (also called the ruble crisis or the Russian flu) began in Russia on 17 August 1998. It resulted in the Russian government and the Russian Central Bank devaluing the ruble and defaulting on its debt. The crisis had severe impacts on the economies of many neighboring countries. Background and course of events The Russian economy had set up a path for improvement after the Soviet Union had split into different countries. Russia was supposed to provide assistance to the former Soviet states and, as a result, imported heavily from them. In Russia, foreign loans financed domestic investments. When it was unable to pay back those foreign borrowings, the ruble devalued. In mid-1997 Russia had finally found a way out of inflation. The economic supervisors were happy about inflation coming to a standstill. Then the crisis hit and supervisors had to implement a new policy. Both Russia and the countries that exported to it experienced fiscal deficits. The cou ...
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