Joint - Stock North-Western Shipping Company (MICEX:SZPR) agreed to acquire 99.9% stake in OOO Valeran Properties for RUB 630 million on December 13, 2013. The payment of the transaction will be effected on or before December 31, 2014. The transaction has been approved by the Board of Directors of Volga Shipping on December 24, 2013.

Joint - Stock North-Western Shipping Company (MICEX:SZPR) completed the acquisition of 99.9% stake in OOO Valeran Properties on December 27, 2013.