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The Dubai port operator DP World is interested in acquiring shares of Russian Railways in Transcontainer jointly with the Russian Direct Investment Fund, released the fund’s head Kirill Dmitriev. Answering the question of who can act as a partner of Russian Direct Investment Fund in the event of a transaction, he said: “In particular, our partner Dubai Port and a number of other players interested in logistics in Russia are also interested”.

At the same time, the find’s head noted that there is no final decision on Transcontainer yet. “We see the prospects of this company, and we believe that it is actively developing, there is good growth this year. We are discussing our joining this company, but we have not yet made a final decision”, added Kirill Dmitriev.

In early 2017 the chairman of the group of companies and the executive director of DP World, Sultan Ahmed bin Sulayem, stated that the company is considering the possibility of establishing a joint venture with JSC Russian Railways (RZD).

In December 2016, Russian Railways President Oleg Belozerov said that while the sale of shares of RZD in the Transcontainer is inexpedient. At the same time, according to him, several companies show interest in buying a package of Russian Railways in Transcontainer.

Transcontainer has 45 own terminals in all cargo-producing centers of Russia, as well as 19 railway terminals in Kazakhstan (through the joint company of Kedentransservice JSC, the leading private operator of the network of railway terminals in Kazakhstan) and operates the container terminal Dobra on the border of Slovakia and Ukraine. The company owns more than 24 thousand fitting platforms and about 64,5 thousand large-tonnage containers. OTLK (a subsidiary of RZD) owns 50% plus two shares of Transcontainer, FESCO transport group owns 25.07%, ZAO Transfingrupp Managing Company (trust management of pension reserves of Blagosostoyanie NPF) 24.5%. The shares of Transcontainer are traded on the Moscow Stock Exchange. Depositary receipts for shares of the company are traded on the London Stock Exchange.

DP World has a portfolio of more than 65 marine terminals located on six continents, including terminal terminals in India, Africa, Europe and the Middle East.

Last week, DP World was connected with acquisition of 20% from the Russian shipping group Fesco, so obviously the company has large interest in expanding operations in Russia.