ROSATOM, in accordance with a previously reached arrangements, exercised an option to increase the volume of its participation in Delo Group (the largest container operator in Russia).
After the transaction was completed, the following distribution of Delo Management Company shares (the parent company of the Group), is established: Chairman of the Board of Directors Sergey Shishkarev - 51%, JSC Atomenergoprom - 49%.
The Delo Group aims to use proceeds from the deal to implement a range of investment projects and reduce the debt burden.
The implementation of the option is aimed at further realization of ROSATOM's strategy for the expanding of new business areas and increasing presence in the logistics segment as one of the priority development directions in the non-nuclear segment. The option is also a sign that the Delo Group's business model is effective.
Since ROSATOM became a shareholder of the Group in 2019, the successful integration of companies in the logistics sector continues, considering the best corporate practices. The Group's operating companies have been successfully implementing multimodal cargo transportation to NPP facilities under construction all over the world for more than two years.
ROSATOM through increasing its business presence in the logistics industry implements several projects of national importance, including the development of container and other transshipment types along the Northern Sea Transport Corridor, increasing the efficiency of its own project logistics, and introducing innovative transport solutions both in the field of digital technology and new materials.
Source: Communications Department of ROSATOM