FESCO opens new office in China

Transport Group FESCO opens its new office in China, the company’s press center reports c Finmarket. FESCO Lines China is opened in Tianjin, which is considered to be a “sea gate” to Peking. Opening of a new office in China is a part of FESCO’s strategy for expansion at Chinese market, being the key sector for the Group, while opening of a direct container line between the ports of Tianjin and Vostochny planned for the middle of 2007 will, in its turn ensure decrease of transit time for delivery of containers between the North-East of China and Far Eastern ports of Russia. New FESCO's line will be integrated into a unified system of FESCO’s mixed routes between Europe and APR states.