A new transport company has emerged in Russia, aiming to expand its market presence by acquiring port and railway assets. "A7 Holding," founded by former shareholder and chairman of the board of directors of Fesco, Andrey Severilov, has declared its interest in purchasing sea ports.
"A7 Holding" will own and manage assets across various industries, but its primary focus will be on the transport sector.
According to Severilov, the company is interested in creating a "transport ecosystem" and plans to actively participate in market consolidation.
It's worth noting that Fesco, which came under the control of Rosatom in 2023, has a 15% share in sea container traffic to Russian ports through the Red Sea. This indicates that "A7 Holding" has significant ambitions and could become a major player in the transport market.
The emergence of "A7 Holding" could lead to intensified competition in the Russian market for port and railway services, potentially resulting in lower prices and improved service quality.
It's important to note that "A7 Holding" is still in its early stages, and the company's specific plans and strategy are yet to be fully disclosed.
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