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.
 
 

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.

Brothers Magomedovs want to get out of prison

Business16.05.2018

The Russian Union of Industrialists and Entrepreneurs suggests softening the measure of restraint for the brothers Magomedov.

Summa Group left by the top manager

Business15.05.2018

First deputy general director of the "Summa" group Alexander Panchenko leaves this post. The reason is the failed privatization of the largest railway operator, Transcontainer, owned by RZD, explained RBC Panchenko.

The investigation calculated the Summa

Crime11.05.2018

Brothers Magomedov charged.

Brothers Magomedov checked for involvement in the murder of banker Andrei Kozlov

Crime26.04.2018

The case of the murder of Andrei Kozlov can be sent for further investigation.

Magomedov's wife has a joint business with the wives of Surkov and Sechin

Business18.04.2018

The wife of the arrested businessman Ziyavudin Magomedov Olga Shipilova led a joint business with the wife of presidential aide Vladislav Surkov, Natalia Dubovitskaya. Marina Sechina, the ex-wife of the head of Rosneft, was also associated with the project.

Transcontainer challenged the ban by FAS on the purchase of the terminal

Business17.04.2018

The company, among co-owners of which RZhD and billionaires Ziyavudin Magomedov, Alexander Abramov and Roman Abramovich, accused the antimonopoly authority of using inaccurate data.

One of the brothers Magomedov refused from family

Society17.04.2018

The co-owner of the Suma group Magomed Magomedov considers it improper to accuse him of involvement in an organized criminal community. According to him, he practically did not communicate with his brother Ziyavudin Magomedov in 2014.

Leopards and the night hockey league did not help the brothers Magomedov

Society16.04.2018

The Moscow City Court left the co-owners of the "Summa" group until May 30.

The brothers of Magomedov were seized 10 thousand dollars

Society06.04.2018

It is assumed that they will go to pay damages of 2.5 billion rubles in their case.

How the Magomedov brothers created their own business

Business04.04.2018

The activities of Magomed and Ziyavudin Magomedov were chaotic: brothers engaged in trade, received orders through acquaintances, accumulated a heap of disparate assets, in which, as a rule, they had no control.

Transneft refused to deal with the Group Summa

Business03.04.2018

The Magomedov brothers who are behind bars in jail, accused of creating an organized criminal community, are no longer partners in NCSP for Nikolai Tokarev.

The case of the Magomedov brothers can destroy the business of Sergei Lavrov's son-in-law

Business03.04.2018

In Moscow, the brothers Magomed and Ziyavudin Magomedov, owners of the Suma Group, were arrested for 2 months on suspicion of organizing a criminal community. Their arrest could hit a relative of Russian Foreign Minister Sergei Lavrov, businessman Alexander Vinokurov, who previously headed Summa for three years.