CJSC NefteTransServis was named the tender winner. The deal is expected to be closed before the end of Q2, 2012. The transaction price was not disclosed.
FESCO Transportation Group is a leading Russian integrated transport and logistics company. The Group owns a fleet of more than 900,000DWT to carry 18,000 TEUs. The Group manages a diversified fleet of its own railway rolling stock of over 19,000 units. Its own container fleet is about 50,000 TEUs. The total container and general cargo throughput of the Group’s port facilities reaches 430,000 TEUs and 6 million tons, respectively.
FESCO Group comprises FESCO Shipping, Transgarant (a major Russian railway operator), Russian Troika (an operator of rail container transport, a JV of FESCO and RZD), FESCO ESF Ltd (feeder container carrier in the Baltic Sea), Dalreftrans (operator of reefer container transport), Commercial Seaport of Vladivostok, Vladivostok Container Terminal, and FESCO Integrated Transport.
Transgarant combines several subsidiaries; Transgarant-Ukraine, Metiztrans, Transgarant-Vostok, SIA Tektrans (Riga) and Khabarovsk-based warehouse facilities Stroyopttorg. Transgarant rolling stock of 16,500 consists of universal and specialized railcars, 91% of them in the company’s ownership as well as 5 main and 2 shunting locomotives. Transgarant has branches and representative offices located in 25 cities of Russia and across CIS and Baltic countries.