The Bank of Russia commended FESCO’s efforts to implement the principles and recommendations of the Corporate Governance Code

27 April 2017

The Central Bank of the Russian Federation (“CBR”) commended FESCO PLC ("Company") for its efforts to put into the corporate practice the CBR principles and recommendations contained in the Corporate Governance Code (CGC).

The CBR noted that most of the CGC principles and recommendations were reflected in the Company’s corporate governance. CBR welcomes the efforts aimed at performing an example of quality management in the Russian company as a whole.

During 2016, the Company systematically developed its corporate governance and also carried out a number of activities aimed at bringing the business in accordance with the requirements of the CBR as well as well as of the Moscow Stock Exchange.

The Company will continue working on the implementation of CGC principles and recommendations in its corporate practice.

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.

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The Bank of Russia commended FESCO’s efforts to implement the principles and recommendations of the Corporate Governance Code

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