NCSP Group (NCSP Group or the Group) (LSE: NCSP, MICEX-RTS: NMTP) announces the staff changes in NCSP RO in Moscow. On 9 August, 2012 Radostin Popov was appointed Vice President for Development.
NCSP CEO Rado Antolovic said: “Mr. Popov’s main focus in NCSP Group will be monitoring the implementation of NCSP Group’s master plan – the Development Strategy until 2020.
“I am also happy to note that NCSP Group has once again proven it is able to attract world class specialists to work in Novorossiysk.”
Brief Biography
Mr. Popov has 17 years of experience in the port business. From 2003 to 2006 he worked in P&O Ports, where his responsibilities included development of the business in North and South America.
From 2006 to 2012, Mr. Popov was Business Development and Integration Manager for Europe and Russia at DP World – a global leader in international marine terminal operations and development.
About NCSP Group
NCSP Group is the largest Russian port operator and the third largest in Europe by cargo turnover. NCSP shares are traded on Russia's MICEX-RTS exchange (ticker: NMTP) and its GDRs are traded on the London Stock Exchange (ticker: NCSP). NCSP is 50.1% owned by Novoport Holding Ltd, the beneficial owners of which are Transneft and Ziyavudin Magomedov (Summa Group). NCSP Group’s cargo turnover in 2011 totalled 157 million tonnes. Consolidated IFRS revenue in 2011 totalled USD1,050 million, with EBITDA of USD550 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 please contact:
Media: M.Sidorov@nmtp.info; ksenko@ncsp.com;
Investors: ir@nmtp.info