FESCO Board expanded to nine members

At the meeting held on 27 February 2020, the Board of Directors of FESCO PJSC (the parent company of FESCO Group) elected its Management Board having expanded it from eight to nine members effective from 2 March 2020.

FESCO Group, whose parent company is Far East Shipping Company (FESCO) is one of the leading public transportation and logistics companies in Russia with operations in ports, rail, integrated logistics and shipping business. Diversified but integrated asset portfolio enables FESCO to provide door-to-door logistics solutions and control almost all steps of the intermodal transportation value chain. FESCO controls the Commercial Port of Vladivostok, rail operator Transgarant and Russkaya Troyka (75% minus one share) brands. FESCO operates a fleet of 14 thousand units of rolling stock, including 5 thousand container platforms, and 40 thousand containers as well. FESCO has a fleet of 20 vessels.