Novorossiysk Commercial Sea Port Sells Non-Core Assets
OREANDA-NEWS. On 06 June 2008 Novorossiysk Commercial Sea Port (“NCSP”) announced the sale of non-core assets of the company.
According to the resolution of NCSP’s Board of Directors a number of sale contracts were signed for an overall amount of 999,3 mln. rubles. Among the non-core assets sold by NCSP and its subsidiaries (NSRZ, NCSP Fleet) are two ordinary shares of NR Air Ltd (100% of share capital), 1000 ordinary registered shares of OJSC “City Park” (10% of share capital), 24355 ordinary registered shares of OJSC “Project Office Pokrovskiy” (12,74% of share capital).
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