Novotrans’ investments in Lugaport terminal construction exceeded 6 billion rubles

17 Apr 2020 07:42 Economy

As part of the creation of artificial land areas of Lugaport terminal, Novotrans Group of companies has completed reconstruction of sheet piling fence and filling maps of areas above the level of water with sand. The volume of investments currently invested by the holding in the project exceeded 6 billion rubles.

«After finishing this work we proceeded to the final stage of creating artificial land areas of Lugaport terminal. Currently, general constructor «Morstroy» is holding activities to Refine the maps of the formation of territories to the project parameters. Now one of the key and most difficult stages of construction has been completed. Starting from october 2019 we hammered 2642 Larsen sheet piling, delivered and poured more than 2 million cubic meters of sand. Despite tough weather conditions, the work went on continuously and accurately on schedule. We are confidently approaching the completion of the first stage of construction», informed the president of Group of companies Novotrans Konstantin Goncharov.

Multifunctional terminal Lugaport (investment project of Novotrans Group of companies) is created for transshipment of general, bulk, grain cargos and food products. It will provide an opportunity to receive up to 1100 of wagons a day from Lugskaya Generalnaya station and receive and process ships like Panamax, New-Panamax, Baby-Capesize which draught is under 15,5 meters. Lugaport project is included in the list of strategic projects for development transport infrastructure in Russia. The total amount of investments is 46,5 billions of rubles, of which 38 billions are investments of Novatrans holding. The total amount of transshipment in terminal will be 24,3 millions tons a year.

About Novotrans
Novotrans group of companies was founded in 2004. The holding is one of the largest operators of railway rolling stock in Russia and the CIS. The fleet of freight cars is 25 thousand units. The group provides its clients with a full range of transport services: transportation with its own rolling stock, logistics solutions for enterprises, dispatching. Own repair production provides a full range of services for technical and service maintenance of freight cars, combining 5 high-tech enterprises in the Moscow, Irkutsk, Kemerovo regions and in the Altai territory. In 2019, the holding company started implementing an investment project to create a modern port infrastructure LUGAPORT In the seaport of Ust-Luga (Leningrad region). The holding company is starting to enter the stevedoring business. Novotrans Stevedoring company LLC is the General agent of Rosmorport at the automobile and railway ferry complex in the port of Ust-Luga. The complex connects Ust-Luga with the Kaliningrad region and provides transport security for the Russian enclave.

Novotrans’ investments in Lugaport terminal construction exceeded 6 billion rubles

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