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21 May 2018 The on-line newspaper devoted to the world of transports 03:10 GMT+2

June 19, 2012

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The Russian Summa obtains 56% of shipowning, terminalistico group and logistic FESCO

“We have acquired a great company with good perspectives of increase”, it has emphasized the president of the group Summa, Vinokurov

The acquisition of the control of the shipowning, terminalistico group is made official today and logistic Russian To make Eastern Shipping Company (FESCO) from the compatriot Summa, that it has obtained 56% of the capital stock of the company.

FESCO is one of the main operators integrated in the market of the container in Russia. The company has an own fleet of 67 ships for a total ability to 900.000 gross capacities in tons, has a fleet of container of the consistency pairs to beyond 18.000 teu, a fleet of beyond 3.500 railway wagons and other rotabile material, and work container terminal in the port of Vladivostok of the total annual ability to approximately 400.000 teu.

The group Summa, that it gives job to beyond 10.000 people, is a holding ones diversified with asset in the fields of engineering, the constructions, the telecommunications and the oil and the gas let alone in the harbour logistics, in which it is present through the branch Novorossiysk Commercial Sea Port (NCSP) that work harbour and navalmeccaniche activities mainly in the port of Novorossiysk.

“We have acquired - the president of the group has declared Summa, Alexander Vinokurov - a great company with good perspectives of increase. Obtaining the FESCO control we will meaningfully widen the abilities to transport and logistics of the group Summa and will have the possibility to supply better services for all the chain port-railroad-port, included the marine segment. The synergies with our current activities and competences will allow to diminish the shipping charges to advantage of the loaders and the receivers let alone to contribute in meaningful way with the development of the potential one of traffic and infrastructures of transport of our Country”.

Group FESCO has closed the exercise anniversary 2011 with a profit clearly of 29,1 million dollars on revenues for 1,028, 8 million dollars respect to a profit clearly of 455,9 million dollars on revenues for 800,6 million dollars in 2010. The operating profit is piled to 81,6 million dollars regarding 121,3 million dollars in 2010.

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