NCSP Group (LSE: NCSP, MICEX: NMTP) reports that PJSC “NCSP” continues to renovate its fleet of handling equipment. From January to July 2012 Novorossiysk Commercial Sea Port obtained 14 new forklift trucks.
Among them:
• Forklift truck KALMAR with the lifting capacity of 10 - 12 tons - 3 units.
• Forklift truck KALMAR with the lifting capacity of 16 - 20 tons - 2 units.
• Forklift truck KALMAR REACH STACKER with the lifting capacity of 45 tons - 2 units.
• Forklift Toyota with the lifting capacity of 2.5 tons -3 units.
• Forklift Toyota with the lifting capacity of 3.5 tons - 1 unit.
• Forklift Toyota with the lifting capacity of 5 tons - 3 units.
The purchase of the equipment was carried out within PJSC “NCSP” Investment outlay budget for 2011-2012 approved by the Board of Directors.
Rado Antolovic, PJSC “NCSP” CEO said: “Within the Master Plan “NCSP Group development strategy till 2020” in 2012 we focus on improving the operational efficiency of the Group's assets.
The systematic modernization of the outdated fleet of handling equipment is aimed to complete the task. I emphasize the fact that the procured equipment meets the latest standards of environmental safety”.
About NCSP Group
NCSP Group is the largest Russian port operator and the 3rd operator in Europe in terms of cargo turnover. NCSP shares are traded on Russia's MICEX exchange (NMTP) and on the London Stock Exchange in the form of GDRs (NCSP). 50.1% shares of PJSC NCSP belong to Novoport Holding Ltd, beneficiaries owners of which are JSC “Transneft” and Ziyavudin Magomedov (Summa Group). NCSP Group cargo turnover in 2011 totaled 157 million tons. Consolidated revenue according to IFRS in 2011 totaled $1 049 million and EBITDA of $550 million. NCSP Group combines the following stevedore companies: OJSC Novorossiysk Commercial Sea Port, Primorsk Oil Terminal Ltd (since 2011), PJSC Novorossiysk Grain Terminal, OJSC Novorossiysk Ship Repair Yard, PJSC NCSP Fleet, OJSC NLE, OJSC IPP, and Baltic Stevedore Company Ltd.
For more information contact:
For the press: M.Sidorov@nmtp.info +7-903-136-22-40 ; Ksenko@ncsp.com;
For investment companies representatives: IR@nmtp.info
