FESCO Transportation Group offices in Moscow and Vladivostok as well as the Vladivostok Sea Commercial Port (VSCP) were searched on March 30 and 31 as part of the investigation proceedings against Ziavudin Magomedov, owner of Summa Group, the major shareholder of FESCO and VSCP. Both FESCO and the Port confirm business as usual and state […]
Russian JSC “United Grain Company” (UGC) has set up its 100% subsidiary – Far-Eastern Grain Terminal Ltd, with the aim to design and build a grain handling facility in the sea port of Zarubino (200 km to the south of Vladivostok, 70km to the Russia-China border), as announced in UGC’s press release of November 11. […]
In Vladivostok, Russia, goes on the conflict between the dockers and the management of Vladivostok Sea Commercial Port (part of the FESCO Transportation Group of the Summa Group holding). Following the mass actions caused by the forced redundancy of the dockers of the port’s container terminal of which we wrote earlier, the transport prosecutor’s office […]
The Supervisory Board of Vladivostok Free Port has approved 35 investment projects, with total amount of private investments of about RUR 94 bln (apprx. USD 1.5 bln, or EUR 1.4 bln), reports press centre of the Ministry for Development of Russian Far East. The projects differ by business activity, geography and amount of investments (from RUR […]
Tomorrow, 4th of October, 2016 dockworkers of Vladivostok Sea Commercial Port (VSCP) will hold a meeting to defend their rights, as announced by the press service of the Dockers’ Union of Russia. The mass action is caused by the forced redundancy of the dockers of the port’s container terminal, violation of their labour rights and […]
