FESCO completed the sale of 25.1% stake in TransContainer

23 October 2018

FESCO Transportation Group (“FESCO”, the “Group”) announces today that the Group's companies have completed the sale of their 25.1% stake in PJSC TransContainer. 24.8% of the TransContainer stock was purchased by VTB Bank, another 0.3% was purchased by a third-party investor.

The funds received from the deal will be allocated for reduction of the Group’s indebtedness, including the repayment of REPO loan which was secured against the TransContainer stake.

"The sale of our stake in TransContainer is a weighed and objective decision of FESCO's Board of Directors. Currently, the Group has a significant debt burden, and our priority is to reduce it. We intend to continue to develop FESCO's core businesses and raise its operational efficiency," said Leyla Mammed Zade, chairman of FESCO's Board of Directors.

관련 자료

FESCO increases area of container warehouse in Commercial Port of Vladivostok by 20%
3 apr 2023
FESCO increases area of container warehouse in Commercial Port of Vladivostok by 20%
FESCO Transportation Group (“FESCO”, the “Group”) intends to increase the total area of container warehouse in Commercial Port of Vladivostok (CPV, a FESCO company) by 20% by 2025.
FESCO and Russian Railways dispatch a record number of double trainsets from Vladivostok
6 feb 2023
FESCO and Russian Railways dispatch a record number of double trainsets from Vladivostok
FESCO Transportation Group (“FESCO”) and Far Eastern Railway (a branch of JSCo “RZD”) have dispatched twelve double container trainsets from Commercial Port of Vladivostok (a FESCO company) within a week, which is an absolute record.
FESCO dispatches a batch of electric cars from China to Russia for the first time
31 jan 2023
FESCO dispatches a batch of electric cars from China to Russia for the first time
FESCO Transportation Group (“FESCO”, the “Group”) has for the first time organized dispatch of new electric cars from the Chinese city of Guangzhou to Moscow via border crossing Khorgos/Altynkol (China/Kazakhstan).
FESCO dispatches 53 container trains in a week from Vladivostok
18 jan 2023
FESCO dispatches 53 container trains in a week from Vladivostok
In early January, FESCO Transportation Group (“FESCO”, the “Group”) dispatched 53 container trains from Vladivostok in one week, which is an absolute record for the Group.
FESCO boosts volumes of foreign trade operations via ports of the Far East by 38% in 2022
17 jan 2023
FESCO boosts volumes of foreign trade operations via ports of the Far East by 38% in 2022
As per results of 2022, FESCO Transportation Group (“FESCO”, the “Group”) has increased the volume of transportations by sea foreign trade services via ports of the Far East by 38% compared to 2021 – up to 330 thousand TEU.
Information message
11 jan 2023
Information message
Following decision of Khamovnichesky District Court of the city of Moscow and in response to numerous appeals from mass media, customers and partners FESCO Transportation Group (“FESCO”, the “Group”) deems it necessary to inform of the following.
모든 뉴스
페스코는 웹사이트 소통량을 분석하고 서비스와  사용자와의 상호작용을 개선하기 위해 전문가와 제3자가 개발한 쿠키를 사용하고 있습니다. 귀하가 당사 사이트를 계속 둘러보면 당사가 쿠키를 사용하는 것에 동의하는 것입니다. 보다 자세한 사항은 Privacy Policy 에서 확인할 수 있습니다.
Ok
뉴스레터 신청
구독 신청
우리 회사 뉴스 구독을 신청하셨습니다.