FESCO extends intermodal footprint with purchase Russian Troika

FESCO container train, source: FESCO

FESCO Group has purchased a stake of 25 per cent plus one share in the intermodal operator Russian Troika. The deal valued at around 9 million euros was concluded with Russian Railways (RZD). As a result, the shipping and logistics group became the sole shareholder of Russian Troika and got more options for the development of its intermodal business.

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Author: Mykola Zasiadko

Mykola Zasiadko is editor of online trade magazines RailTech.com and RailFreight.com.

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FESCO strengthens intermodal business | RailFreight.com

FESCO extends intermodal footprint with purchase Russian Troika

FESCO container train, source: FESCO

FESCO Group has purchased a stake of 25 per cent plus one share in the intermodal operator Russian Troika. The deal valued at around 9 million euros was concluded with Russian Railways (RZD). As a result, the shipping and logistics group became the sole shareholder of Russian Troika and got more options for the development of its intermodal business.

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Author: Mykola Zasiadko

Mykola Zasiadko is editor of online trade magazines RailTech.com and RailFreight.com.

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