In the first quarter of I квартале 2019, Sea Port of Saint-Petersburg JSC (SP SPb) allocated RUB 165.4 million for implementation of its development programme, 2.4 times as much as in the same period of the previous year.
As part of its technical upgrading, the company more than doubled its allocations for acquisition of new equipment, up to RUB 140 million. In particular, Sea Port of Saint-Petersburg paid off the new electric portal crane, Vityaz, which was put into operation in February 2019. The company also invested in the purchase of technological accessories and other handling equipment.
In the reporting period, allocations for infrastructure facilities surged three-fold to RUB 24.5 млн million. The company continued modernization of its storage and handling yards.
The port also increased financing of works on modernization of power assets, security and fire safety systems. The company’s allocations for the above-mentioned purposes — totaled RUB 0.9 million in the first quarter of 2019, up 16% year-on-year.
