OREANDA-NEWS. June 20, 2012. NCSP Group (LSE: NCSP; MICEX: NMTP) reports that the Board of Directors of PJSC “NCSP” approved the composition of the Management Board of 11 members.

The new PJSC “NCSP” Management Board includes:

1)        R. Antolovich - Acting CEO.

2)        D. Afanasov - Deputy CEO for Legal.

3)        O. Boichenko - Technical Director.

4)        A. Vischanenko - CFO .

5)        Y. Matvienko - Executive Director.

6)        A. Medvedev – IT Director.

7)        R. Nikitin - Commercial Director - Head of Joint Commercial Management of NCSP Group.

8)        M. Sidorov - Deputy CEO for Public relations.

9)        M. Stepanko - HR Director.

10)     V. Spilnichenko - Administrative Director.

11)     M. Shaydaev - First Deputy CEO.

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 USD 1 049 million and EBITDA of USD 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.