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Resource Agribusiness Group and FESCO Transport Group Signed a Memorandum of Cooperation
05.09.2024On September 5, 2024, on the sidelines of the Eastern Economic Forum, which is taking place in Vladivostok (Russia), Resource Agribusiness Group and FESCO Transport Group signed a Memorandum of Cooperation. The document was signed by Dmitry Antonov, Senior Vice President, Director of External Relations and GR of the Resource Agribusiness Group, and German Maslov, Vice President of the Linear Logistics Division of FESCO.
Under the agreement, the parties intend to work on diversifying product ranges and logistics routes to expand export deliveries of Resource Agribusiness Group products, including to China, Southeast Asian countries, India and the UAE. The parties will also establish cooperation to ensure reverse loading.
It is planned that the result of the interaction will be the development of optimal transport and logistics solutions based on FESCO's key services and assets for the introduction of meat and poultry products, as well as vegetable oils from Resource Agribusiness Group, to new markets in Asian countries. Thus, cooperation between the parties opens up great prospects for expanding the export geography, and creates additional incentives for increasing the level of competitiveness of Russian agricultural products in foreign countries.
Dmitry Antonov, Senior Vice President, Director of External Relations and GR, Resource Agribusiness Group:
“The signing of the Memorandum is an important step for the development of Russian food supplies to world markets. Cooperation with FESCO will allow us to combine efforts and resources to develop more efficient and competitive logistics solutions. We are confident that this partnership will open up new opportunities for expanding the geography of our business and entering new markets”.
German Maslov, Vice President of the Linear Logistics Division, FESCO:
“Resource Agribusiness Group is one of the largest players in the agro-industrial complex in Russia, which is actively developing its foreign economic activities. And we, like no one else, understand that the most important thing in this process is well-established logistics, which guarantees that export deliveries will be carried out efficiently and on time. We are confident that FESCO's capabilities in this area will allow Resource Agribusiness Group to gain access to our key logistics solutions for the transportation of agricultural products to Asian countries, including in terms of refrigerated container transportation and transportation using flexitanks”.
Resource Agribusiness Group is one of the largest Russian producers of food products. The company has been operating on the market since 2002, ranks first in Russia in the production and export of poultry meat, and is also among the top 10 exporters of sunflower oil. The Group's production units, implementing all technological processes: from growing agricultural crops, producing compound feed and vegetable oils to meat processing, including further processing, the production of flour and dairy products, are located in 22 regions of the Russian Federation in the Southern, North Caucasian, Central, Volga and Northwestern Federal Districts. The product portfolio includes poultry meat, lamb, beef, pork, semi-finished meat products, sausages and delicacies, vegetable oils, flour, as well as dairy products. The company is constantly expanding its product line in accordance with global trends in the food industry.
FESCO Transport Group is one of the largest transport and logistics companies in Russia with assets in the port, railway and integrated logistics business, which allow the Group to deliver goods door-to-door and control all stages of the intermodal chain. FESCO owns the Vladivostok Commercial Sea Port, the intermodal operator FESCO Integrated Transport, the refrigerated container operator Dalreftrans, as well as the companies Transgarant and FESCO Trans. The Group manages terminal complexes in Novosibirsk, Khabarovsk, Tomsk and Vladivostok. FESCO's container fleet is more than 170 thousand TEU, the number of fitting platforms is almost 15 thousand units. The Group's fleet includes more than 30 transport vessels under management, which carry out transportation mainly on its own sea lines. In November 2023, by decree of the President of the Russian Federation, the controlling stake was transferred to the State Atomic Energy Corporation Rosatom.
Under the agreement, the parties intend to work on diversifying product ranges and logistics routes to expand export deliveries of Resource Agribusiness Group products, including to China, Southeast Asian countries, India and the UAE. The parties will also establish cooperation to ensure reverse loading.
It is planned that the result of the interaction will be the development of optimal transport and logistics solutions based on FESCO's key services and assets for the introduction of meat and poultry products, as well as vegetable oils from Resource Agribusiness Group, to new markets in Asian countries. Thus, cooperation between the parties opens up great prospects for expanding the export geography, and creates additional incentives for increasing the level of competitiveness of Russian agricultural products in foreign countries.
Dmitry Antonov, Senior Vice President, Director of External Relations and GR, Resource Agribusiness Group:
“The signing of the Memorandum is an important step for the development of Russian food supplies to world markets. Cooperation with FESCO will allow us to combine efforts and resources to develop more efficient and competitive logistics solutions. We are confident that this partnership will open up new opportunities for expanding the geography of our business and entering new markets”.
German Maslov, Vice President of the Linear Logistics Division, FESCO:
“Resource Agribusiness Group is one of the largest players in the agro-industrial complex in Russia, which is actively developing its foreign economic activities. And we, like no one else, understand that the most important thing in this process is well-established logistics, which guarantees that export deliveries will be carried out efficiently and on time. We are confident that FESCO's capabilities in this area will allow Resource Agribusiness Group to gain access to our key logistics solutions for the transportation of agricultural products to Asian countries, including in terms of refrigerated container transportation and transportation using flexitanks”.
Resource Agribusiness Group is one of the largest Russian producers of food products. The company has been operating on the market since 2002, ranks first in Russia in the production and export of poultry meat, and is also among the top 10 exporters of sunflower oil. The Group's production units, implementing all technological processes: from growing agricultural crops, producing compound feed and vegetable oils to meat processing, including further processing, the production of flour and dairy products, are located in 22 regions of the Russian Federation in the Southern, North Caucasian, Central, Volga and Northwestern Federal Districts. The product portfolio includes poultry meat, lamb, beef, pork, semi-finished meat products, sausages and delicacies, vegetable oils, flour, as well as dairy products. The company is constantly expanding its product line in accordance with global trends in the food industry.
FESCO Transport Group is one of the largest transport and logistics companies in Russia with assets in the port, railway and integrated logistics business, which allow the Group to deliver goods door-to-door and control all stages of the intermodal chain. FESCO owns the Vladivostok Commercial Sea Port, the intermodal operator FESCO Integrated Transport, the refrigerated container operator Dalreftrans, as well as the companies Transgarant and FESCO Trans. The Group manages terminal complexes in Novosibirsk, Khabarovsk, Tomsk and Vladivostok. FESCO's container fleet is more than 170 thousand TEU, the number of fitting platforms is almost 15 thousand units. The Group's fleet includes more than 30 transport vessels under management, which carry out transportation mainly on its own sea lines. In November 2023, by decree of the President of the Russian Federation, the controlling stake was transferred to the State Atomic Energy Corporation Rosatom.
