Magomedov Ziyavudin



Ziyavudin Gadzhievich Magomedov is an Avar Dagestani - Russian business tycoon.

He is chairman of Summa Group, a conglomerate invested in port logistics, engineering, construction, telecommunications, and oil and gas. He founded the company together with his older brother and junior partner, Magomed Magomedov, a former member of the Federation Council, the upper house of Russia's parliament. In the early 1990s the brothers worked in banking. Later they became shareholders of the port in Primorsk on the Baltic Sea. In January 2011 Summa, together with state-controlled oil pipeline company Transneft, bought a 50.1% stake in the port in Novorossiysk. In late 2012 Summa bought a controlling stake in FESCO (Far Eastern Shipping Company). 

Summa has rebuilt the Bolshoi Theater in Moscow. He became a board member of U.S. transport outfit Hyperloop One in October 2016; his Caspian Venture Capital Fund has invested tens millions of dollars in company.
 
 

Brothers Magomedov draw responsibility for 17 billion rubles

Business22.11.2018

A duet of status businessmen will drown in the claims of the temporary managers of their former companies.

Rats snuck into the granary of the Magomedov brothers

Business17.11.2018

More than 19 thousand tons of grain were stolen from the federal intervention fund, which was stored in the OZK.

Former wife opened Ziyavudin Magomedova in a criminal case in France

Business16.11.2018

In the spring, the French media talked about the interest of the French police in the schemes that the businessman used to buy property in France. In early November, Russian investigators conducting the case of Magomedov told about a criminal case in France with which his ex-wife is connected.

Magomed Magomedov shifted from a sore head to another

Business02.11.2018

He considers the case against himself and his brother, Ziyavudin Magomedov, “an appeal to the owner of some problem holding”.

In the case of Summa, the charges were equated

Crime01.11.2018

Two more defendants were accused of participating in the criminal community.

Andrei Kostin will eat Ziyavudin Magomedov’s grain

Business29.10.2018

The redistribution of the business empire of the sidelists of the Magomedov brothers continues. VTB intends to crush the United Grain Company (OZK). The Summa group has already allowed informational drain.

The inheritance of the Magomedov brothers will be divided

Business23.10.2018

A blocking stake in TransContainer will be divided between VTB and a private investor.

Ziyavudin Magomedov continued the sales season

Business15.10.2018

Sitting behind bars, the head of the Summa group, after selling its stake in NCSP, is preparing a deal to sell its stake in the Transcontainer railway operator.

Arrested billionaire Magomedov became rich after selling NCSP shares

Business10.10.2018

After the announcement of the deal, the quotes of the port jumped sharply, and the state of the businessman in the SIZO returned to the $ 1 billion mark again.

Family Gapontsevs replaced brothers Ananiev in the next ranking Forbes

Business07.09.2018

Valentin Gapontsev and his son Denis with a capital of 3.14 billion dollars were among the ten richest families in Russia.

Investigators reached the top manager of the United Grain Company

Society05.09.2018

The former OCK top manager Roman Gribanov was arrested for taking part in the OPS and embezzlement.

Sberbank began to disembowel the legacy of the brothers Magomedov

Business28.08.2018

Sberbank filed suits against the Yakutia fuel and energy company, which is part of the "Sum" group, by 4.4 billion rubles.

VTB replaced Ziyavudin Magomedov in the list of shareholders of Novorossiysk combine of bread products

Business10.08.2018

The State Bank received 22.25% of the company's shares, which were pledged under the loan.

In the criminal case of the brothers Magomedovs a new figurant appeared

Crime02.08.2018

Arrested financial director ADG group Alexander Kabanov, previously worked as vice-president for finance investment company "Summa Capital". It is assumed that the cunning manager led to the left 1 billion rubles.

Shareholders of Fesco reported to the police about the theft of company money

Business01.08.2018

Probably, they thus try to remove the arrest from the accounts of the company. Investigation authorities insist on its extension.

The brothers Magomedov have built their latest development project in Moscow

Business30.07.2018

Sitting in a jail on charges of fraud, Dagestan businessmen sold a project to build a multifunctional complex in Beskudnikovo, Seven Suns Development, controlled by the St. Petersburg clan Ryzhkov.

Group "Sum" Ziyavudin Magomedov can sell the terminal under construction in the port of Nakhodka

Business27.07.2018

The owner of "Sibanthracite" Dmitry Bosov is interested in the asset.

Dagestan transit: how the Magomedov brothers built their business and how it ended

Business26.07.2018

The court found out that Ziyavudin and Magomed Magomedov, accused of fraud for 2.5 billion rubles, have not spoken to each other for several years.

Olga and Ziyavuddin Magomedov were not helped by a fictitious divorce

Society18.07.2018

At the ex-wife of the co-owner of the group "Summa" the court still arrested the apartment.

The accounts of Novorossiysk port came under arrest

Business29.06.2018

But "Transneft" is striving for its removal.

Ziyavudin Magomedov resigned from the leadership project Virgin Hyperloop One

Business28.06.2018

The owner of the "Sum" group Ziyavudin Magomedov resigned from the board of directors of Virgin Hyperloop One, which he invested about $ 100 million.

The accounts of the companies of the Suma Group of the Magomedov brothers were arrested

Business27.06.2018

The Tverskoi Court of Moscow arrested the bank accounts of virtually all the structures in which the "Sum" Group owned significant shares. Among the victims - Podolsk Electromechanical Plant, which produces products for the Russian missile forces.

The case of the Magomedov brothers negatively affected the executor of defense orders

Business25.06.2018

The investigation linked the Podolsky Electro-Mechanical Plant with the Magomedovs, and the court arrested his accounts. In the risk zone, there were more than fifty defense contracts, including those for special-purpose missile forces.

Ziyavudin Magomedov lost the battle for "Transcontainer"

Business08.06.2018

Ziyavudin Magomedov's "Sum" group, who is in jail, is ready to abandon the creation of a national container operator, which the billionaire dreamed of since 2012. Fesco, which is controlled by it for a third, is looking for a buyer for a blocking stake in TransContainer.

Group "Sum" can sell a stake in "Transcontainer"

Business07.06.2018

In the fight for a blocking stake in the carrier, Vladimir Lisin and Roman Abramovich can clash.

TransContainer loses a chief

Business01.06.2018

From the company goes general director Peter Baskakov.

Summa Group will die from financial suffocation

Business28.05.2018

The court arrested the accounts of a group of Magomedov brothers. Before that, their personal accounts were arrested.

Yuri Kotler could shoot himself because of financial problems

Society16.05.2018

A member of the United Russia expert council, Yuri Kotler, who was found dead, filed a suit against the Novorossiysk commercial sea port, where he previously worked as deputy general director. On May 8, 2018, the Moscow Arbitration Court declared bankruptcy because of a debt of 49 million rubles.