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Metalloinvest

Metalloinvest signed a cooperation agreement on building the seaport Taman

Published on Oct. 15, 2011

 
Read Metalloinvest signed a cooperation agreement on building the seaport Taman

The holding “METALLOINVEST” and the Ministry of Transport and Krasnodarsky Krai announced that they have signed a cooperation agreement to build a new port complex in Taman, Russia. The document was signed by CEO of Management Company “METALLOINVEST” Eduard Potapov, Russian Transport Minister Igor Levitin and Governor of the Krasnodarsky Krai Aleksandr Tkachev.

The agreement provides for the construction of a new port terminal and will facilitate iron-ore shipments, which are expected to reach 15 million tonnes per year. “As we seek to increase production volumes at METALLOINVEST’s enterprises, we have encountered logistical problems, which have required improving the existing transport infrastructure”, stated Eduard Potapov, while explaining the necessity of new port facilities.

According to Mr. Potapov, “the new ...

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