OREANDA-NEWS. August 30, 2007. The regional branch of the Federal service of financial market in Prikubansky region has registered the issue of common stock of the Novorossiysk Commercial Sea Port.

It should be pointed out that the shareholders of the company will examine the question concerning IPO during the session on September, 24.

The port owners can sell about 20% of shares. It is expected to win about $250 mn.

It is scheduled to realized IPO in November of the current year.