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Gelendzhik Seaport

Company


Owners:
Inter RAO - 28,93%
VTB - 28,93%

Content

Owners

+ Rosneft of the Tax Code


Main article: Gelendzhik

History

2024

Completion of the second stage of construction of the yacht marina

In July 2024, the second stage of the construction of the yacht marina was completed in Gelendzhik.

In the seaport of the resort, construction and installation work was completed on the first two stages of the construction of the yacht marina. It is planned that new marine infrastructure facilities will be commissioned in August-September 2024.

The second stage included the construction of berth No. 1, shore protection, a ship lifting structure, a slip for launching boats, temporary treatment facilities, a distribution transformer substation and engineering networks.

Presentation of the investment project

In May 2024, the presentation of the Gelendzhik Marina investment project took place.

In the summer of 2024, the investor begins the construction of a new resort cluster "Gelendzhik Marina" in the Thin Cape microdistrict.

As a result of the project, more than 1,300 jobs should be created, the volume of tax revenues increased by 950 million rubles.

It is planned to build a hotel complex with autonomous modern engineering infrastructure.

For recreation of residents and guests of the resort, a new modern park territory should be built, with a total area of ​ ​ 3.7 hectares, a theater of water performances and numerous walking areas are planned in the project.

The design documentation received a positive conclusion from the Main State Environmental and Construction Expertise. The volume of investments in the development of the new territory of the resort will amount to more than 103 billion rubles. The land on the right of ownership belongs to the developer.

The full implementation of the project is scheduled for 2027.

2023: Inter RAO became a co-owner of Gelendzhik Seaport LLC

At the end of December 2023, the Russian energy company Inter RAO entered the project for the construction of a port infrastructure with marina and hotels in Gelendzhik. We are talking about the creation of a large tourist cluster, the cost of which is estimated at 100 billion rubles.

According to the Kommersant newspaper, Inter RAO PJSC received a share of 28.93% in Gelendzhik Seaport LLC, an investor in a project to build a coastal structure in the seaport and a multifunctional recreational complex in the city. Within the framework of this project, it is planned to create a yacht marina with 250 seats, a passenger terminal, a multifunctional congress center for symposia, an exhibition art space with permanent and seasonal expositions, a yacht club, etc. In addition, the construction of 27 buildings of low-rise buildings on the first coastline of the Black Sea, apartments and a four-star hotel for 173 rooms is envisaged.

Gelendzhik Seaport

There is no information on the amount of the transaction between Inter RAO and Gelendzhik Seaport LLC as of early January 2024. But it is reported that due to the entry into the project of this company, the share of other founders of Gelendzhik Seaport LLC has decreased. Thus, the share of Galeon LLC (owned by Rossiya Bank) decreased from 45.15% to 28.93%, Financial Systems JSC - from 25.72% to 13.21%, VTB Bank - from 29.13% to 28.93%.

CMWP partner Marina Smirnova believes that the participation of Inter RAO will help the project solve the problem with power supply that is observed in the resort areas of the Krasnodar Territory. Additional capacity will be required, in particular, for port facilities. In addition, it is necessary to provide power to the resort infrastructure itself. Therefore, attracting a partner in the person of an energy company will help in the implementation of the initiative.[1]

Notes