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.
 
 

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.

Gang of brothers Magomedov

Crime02.04.2018

The owners of the "Summa" group of brothers Magomedov were arrested on suspicion of creating and managing a criminal group since 2010.

Why the Magomedov brothers lost the support of the state

Business31.03.2018

Dagestan billionaires are pursuing setbacks and their business seems to have come to an end.

Group "Summa" hit the police sight

Business31.03.2018

Ziyavudin Magomedov was detained in the embezzlement case, searches were carried out in the "Sum" group.

Transneft to get control over Russia's largest port

Business22.02.2018

She buys a share of Suma in NCSP.

Ziyavudin Magomedov and Richard Branson will create a super-high-speed train for India

Business19.02.2018

The project of high-speed train between the Indian cities of Pune and Mumbai will be created by the company Virgin Hyperloop One, whose investors are businessmen Richard Branson and Ziyavudin Magomedov.

Summa was not able to convince the prosecutor's office

Society05.02.2018

Journalists Andrei Krasavin and Yevgeny Feldman, who allegedly extorted 200,000 dollars from the company of the Magomedov brothers, were transferred under a written undertaking not to leave the place.

"Transcontainer" was taken over by Alexander Abramov with Roman Abramovich

Business14.12.2017

Billionaire partners bought out operator's shares from NPF Blagosostoyanie.

Which stadiums will not have time to build for the World Cup in Russia

Officials01.12.2017

Expenses for the construction of stadiums amounted to 390 billion rubles, which is 55 billion rubles more than the estimate for 2015. In this case, some stadiums risk being unfinished.

The richest family clans in Russia

Business30.08.2017

Forbes has been ranking the most successful entrepreneurial dynasties for four years consequently. The cumulative wealth of the ten richest families of Russia over the past year has increased by $2 billion, up to $27 billion. In three of them, newcomers appeared who received shares in business.

Magomedov brothers' Summa Group carves up state budgets

Business13.07.2017

Instead of the promised investments in their native Dagestan, the Magomedov oligarchs are mastering republican funds.

Another scandal erupted around Summa Group's subsidiary

Business29.06.2017

The companies of the Magomedov brothers came into the spotlight in another construction scandal with embezzlement, this time in the Kaliningrad region.

Umakhan Umakhanov left Russia's nuclear forces without hydraulic drives

Business03.06.2017

In the case of a bankrupt Podolsky Electromechanical Plant, a new turn has been made - the Russian Criminal Code officially recognized the fact of large-scale theft.

Summa Group will get grain

Business24.05.2017

The group of the Magomedov brothers and RFPI can receive the entire state package of the United Grain Company (OZK). 

The publisher of Profil magazine was arrested for blackmailing Ziyavudin Magomedov

Crime13.03.2017

At the Povarskaya Street in the Tai Tai restaurant was arrested the general director of LLC IDM-Format Yevgeny Feldman for extortion of 200 thousand dollars from the Summa Group, of which Ziyavudin Magomedov is the main owner.

Alexander Vinokourov breaks in Rostec

Business02.12.2016

According to Russian media, the head of the investment division of Rostec Corporation, Andrey Korobov, is supposedly leaving his post soon. He will be replaced by the head of the investment company A1, Alexander Vinokourov, who is married to the daughter of Russian Foreign Minister Sergey Lavrov, Katerina. And this is the main advantage of this investment banker.