The upgraded marine freight crossing point of the Russian Federation State Border was opened by the Order of the Federal Agency for Construction of Russian Federation State Border (Rosgranitsa) of April 2, 2010 No. 182-OD in Ust-Luga seaport, comprising berths Nos. 1 and 2 of the coal terminal, multipurpose transshipment terminal, first startup stage of South-2 multifunctional transshipment facility, commercial sulfur transshipment facility and railway component of motor and railway ferrying facility.

This was reported by the Press Center of FGUP Rosmorport Ust-Luga Branch. The order of Rosgranitsa will become effective after 10 days following its promulgation day.

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Ust-Luga Port is under construction in Luzhskaya Bay of the Gulf of Finland. ОАО Ust-Luga Company acts as a coordinator of raising investments into construction and setting up entities for construction of terminals. Major shareholders of OAO Ust-Luga Company: Government of Leningrad Region (25% + 1 share), ZAO Novye resursy (20.04%), Investport Holding Foundation (14.72%), ZAO UK RVM Capital (16.48%), ООО Absolute Group of Companies (15.24%) and ОАО Russian Railways.