United Grain Company
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United Grain Company
United Grain Company (russian: Объединенная зерновая компания) is a Russian grain trading company based in Moscow and established in 2007. The company conducts grain procurement activities in Russia, and manages exports on international markets. History The United Grain Company was established on March 21, 2007 as a result of the transformation of the FGUP "Federal Agency for the Regulation of the Food Market" under the Ministry of Agriculture of the Russian Federation, the main function of which was the implementation of state regulation of the grain market. In 2012 Ziyavudin Magomedov's Summa Group bought a 50% minus one share stake in the company. In 2014 the company agreed to trade grain worth $500 million for oil with Iran. The company will build a grain terminal in the Port of Zarubino, in the Russian Far East, by 2020. In August 2017 the Russian Government announced plans to privatize the company by 2019. Current owners The shareholders o ...
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Joint-stock Company
A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other count ...
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Grain Trade
The grain trade refers to the local and international trade in cereals and other food grains such as wheat, barley, maize, and rice. Grain is an important trade item because it is easily stored and transported with limited spoilage, unlike other agricultural products. Healthy grain supply and trade is important to many societies, providing a caloric base for most food systems as well as important role in animal feed for animal agriculture. The grain trade is as old as agricultural settlement, identified in many of the early cultures that adopted sedentary farming. Major societal changes have been directly connected to the grain trade, such as the fall of the Roman Empire. From the early modern period onward, grain trade has been an important part of colonial expansion and international power dynamics. The geopolitical dominance of countries like Australia, the United States, Canada and the Soviet Union during the 20th century was connected with their status as grain surplus c ...
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Moscow
Moscow ( , US chiefly ; rus, links=no, Москва, r=Moskva, p=mɐskˈva, a=Москва.ogg) is the capital and largest city of Russia. The city stands on the Moskva River in Central Russia, with a population estimated at 13.0 million residents within the city limits, over 17 million residents in the urban area, and over 21.5 million residents in the metropolitan area. The city covers an area of , while the urban area covers , and the metropolitan area covers over . Moscow is among the world's largest cities; being the most populous city entirely in Europe, the largest urban and metropolitan area in Europe, and the largest city by land area on the European continent. First documented in 1147, Moscow grew to become a prosperous and powerful city that served as the capital of the Grand Duchy that bears its name. When the Grand Duchy of Moscow evolved into the Tsardom of Russia, Moscow remained the political and economic center for most of the Tsardom's history. When th ...
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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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Summa Group
Summa Group is a Russian independent group of companies holding port logistics, engineering, construction, the telecommunications and oil and gas sectors assets. Summa's headquarter located in Moscow. Companies of the group, which are present in almost 40 regions of Russia and abroad, employ more than 10 thousand people. The parent company is Summa Group LLC. Until August 2011, it was called “Summa Capital”. Owners and management Summa group is controlled by the entrepreneur Ziyavudin Magomedov. He also being a direction board member. Current general director of holding - Alexander Khonkhin. Activities Among the assets controlled by Sumy: NCSP Group (25%, the Novorossiysk Commercial Sea Port is a part of the group), FESCO Transport Group (32.5%), Yakutsk Fuel and Energy Company (over 90%), SUIproekt, telecommunication National Telecom, operator of the terminal in the port of Rotterdam Shtandart TT BV (100%), engineering and construction companies Stroynovatsiya and Tra ...
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Grain Terminal
A grain elevator is a facility designed to stockpile or store grain. In the grain trade, the term "grain elevator" also describes a tower containing a bucket elevator or a pneumatic conveyor, which scoops up grain from a lower level and deposits it in a silo or other storage facility. In most cases, the term "grain elevator" also describes the entire elevator complex, including receiving and testing offices, weighbridges, and storage facilities. It may also mean organizations that operate or control several individual elevators, in different locations. In Australia, the term describes only the lifting mechanism. Before the advent of the grain elevator, grain was usually handled in bags rather than in bulk (large quantities of loose grain). Dart's Elevator was a major innovation. It was invented by Joseph Dart, a merchant, and Robert Dunbar, an engineer, in 1842 and 1843, in Buffalo, New York. Using the steam-powered flour mills of Oliver Evans as their model, they invente ...
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Port Of Zarubino
Port of Zarubino (russian: порт Зару́бино) is a sea port situated in Zarubino on the south of Primorsky Krai in the Trinity Bay, northwestern part of the Sea of Japan. The port is from the border with China and close to the border with North Korea. A railway line from the port connects to railway lines running north to Vladivostok, west to Hunchun of Jilin Province in China where a high speed rail terminus is operational, and south to Rajin in North Korea via Khasan, respectively. It is ice-free year round. History Port of Zarubino originated from the construction of a fishing industry sea port which began in 1972. In June 1973, the Order of " Primorrybproma " from 06.01.1973 Direction was formed under construction fishing port "Trinity". In July 1981, the Order of the All-Union Association of the Far Eastern fishery basin ( VRPO " Dalryba ") dated 01.06.1981 in the village formed the Zarubino enterprise Sea Fishing Port Trinity. In December 1988, in accordance wi ...
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Government Of Russia
The Government of Russia exercises executive power in the Russian Federation. The members of the government are the prime minister, the deputy prime ministers, and the federal ministers. It has its legal basis in the Constitution of the Russian Federation and the federal constitutional law "On the Government of the Russian Federation". The Apparatus of the Government of Russia is a governmental body which administrates the activities of the government. According to the 1991 amendment to the 1978 constitution, the President of Russia was the head of the executive branch and headed the Council of Ministers of Russia. According to the current 1993 constitution, the president is not a part of the government of Russia, which exercises executive power. However, the president appoints the prime minister. History The large body was preceded by Government of the Soviet Union. Since the Russian Federation emerged from 1991 to 1992, the government's structure has undergone several m ...
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Privatization In Russia
Privatization in Russia describes the series of post-Soviet reforms that resulted in large-scale privatization of Russia's state-owned assets, particularly in the industrial, energy, and financial sectors. Most privatization took place in the early and mid-1990s under Boris Yeltsin, who assumed the presidency following the dissolution of the Soviet Union. Private ownership of enterprises and property had essentially remained illegal throughout the Soviet era, with Soviet communism emphasizing national control over all means of production but human labor. Under the Soviet Union, the number of state enterprises was estimated at 45,000. Privatization facilitated the transfer of significant wealth to a relatively small group of business oligarchs and New Russians, particularly natural gas and oil executives. This economic transition has been described as ''katastroika'' (combination of ''catastrophe'' and the term ''perestroika'') and as "the most cataclysmic peacetime economic c ...
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Federal Agency For State Property Management
The Federal Agency for State Property Management (Rosimushchestvo) () is a subdivision of the Russian Ministry of Economic Development that manages Russia's federal state property. History The agency was formed by a presidential decree, No.314, signed on March 9, 2004, by Vladimir Putin, of the Ministry of Property Relations of Russia and subordinated to the Ministry of Economic Development and Trade. Before this, in 1990 – 2004 its functions were performed by a separate ministry known by the following names: * July 14, 1990 – September 23, 1997: State Committee for State Property Management of the Russian Federation (GKI, Goskomimushchestvo) (in Russian: Государственный комитет Российской Федерации по управлению государственным имуществом (ГКИ, Госкомимущество) * September 23, 1997 – May 18, 2000: Ministry of State Property of the Russian Federation (Mingosimushchestvo of Russi ...
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VTB Bank
VTB Bank (; formerly known as ''Vneshtorgbank'', , lit. 'International Trade Bank') is a Russian majority state-owned bank headquartered in various federal districts of Russia; its legal address is registered in Saint Petersburg, St. Petersburg; as of 2022 company's capital stock was mostly owned by three Russian agencies. VTB Bank and its subsidiaries form a leading Russian financial group – VTB Group uniting VTB banks located in different countries and offering a wide range of corporate banking services and products in Russia, Commonwealth of Independent States, CIS, Europe, Asia, Africa, and the U.S. VTB was ranked 446th on the Financial Times Global 500, FT Global 500 2012, The ''Financial Times''’ annual snapshot of the world's largest companies. It climbed to 210th in the ranking of the 500 largest companies in Europe, the FT Europe 500 2014, and to 127th in the FT Emerging 500 2014, the list of the 500 largest companies on the world's emerging markets. History ...
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Food And Drink Companies Based In Moscow
Food is any substance consumed by an organism for nutritional support. Food is usually of plant, animal, or fungal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth. Different species of animals have different feeding behaviours that satisfy the needs of their unique metabolisms, often evolved to fill a specific ecological niche within specific geographical contexts. Omnivorous humans are highly adaptable and have adapted to obtain food in many different ecosystems. The majority of the food energy required is supplied by the industrial food industry, which produces food with intensive agriculture and distributes it through complex food processing and food distribution systems. This system of conventional agriculture relies heavily on fossil fuels, which means that the food and agricultural ...
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