The company said three candidates had been nominated to TransContainer Board: FESCO’s CEO & President Sergey Generalov, Chairman of the Board of FESCO Transportation Group Managing Company Ltd Kirill Rubinsky and Rohan Global Consulting General Director Gerald Rohan.
In November last year FESCO acquired 12.5% of TransContainer shares during the IPO (both common stock and depositary receipts), as a first step in its strategic plan to assume control over TransContainer through purchase of controlling stock. Now the majority stake is owned by Russian Government represented by Russian Railways (RZD JSC).