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Summa to Build Coal Terminal in Nakhodka

15 January 2015, 17:36 / SeaNews / Rating: 4509

Stroynovatsia, part of Summa Group, won a contract to build a coal terminal in Nakhodka. The cost of the contract is 13.1 bn rubles to be assigned from the federal budget. The terminal is planned as a ‘common use’ export facility, basically for medium sized mining companies who do not have terminals of their own. The project capacity is 20 mn tons annually. The contract was signed on December 31, 2014, and is to be completed in December 2017. Summa expects to load the first shipments in late 2017 – early 2018.

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