6 Jul '10
Transport company FESCO and national rail operator Russian Railways intend to increase authorized capital of their logistical JV Russkaya Troika by $40m, news agency RIA Novosti reports.
Under plans, the funds are to be invested into construction of a container terminal in Vladivostok and elimination of fitting platforms deficit in the Far East regions.
Total investment into construction of the container terminal in Vladivostok is estimated between $100m and $150m.
Russkaya Troika was founded in 2004 by Russian Railways and the Far East Sea Shipping Company, which is a part of FESCO group.