FESCO establishes hotel business company in Vladivostok

MOSCOW. May 31 (Interfax) - The FESCO transport group (parent company is PJSC Far Eastern Shipping Company ) has established a new subsidiary, FESCO Hotel LLC, the Unified State Register of Legal Entities shows.

The company was registered on May 29 in Vladivostok with a charter capital of 100,000 rubles. Fesco Transport Group LLC owns 99%, and 1% belongs to Port Asset JSC (Moscow).

The main activity is the operation of hotels and other places of residence.

The FESCO transport group owns assets in the port, railway and integrated logistics businesses. FESCO owns the Commercial Port of Vladivostok , the Fesco Integrated Transport intermodal operator, the Dalreftrans operator of refrigerated containers, as well as Transgarant and Fesco Trans. The group operates terminal complexes in Novosibirsk, Khabarovsk, Tomsk and Vladivostok. The company manages a container fleet of more than 170,000 TEU, and over 11 thousand fitting platform railcars. The group's fleet includes 30 vessels, operated primarily on its own shipping lines.