Business model
FESCO is made up of five operating divisions: Liner and Logistics, Port, Rail, Shipping, and Fuel.
FESCO operation is based on deep integration of the business divisions maintained by the management company and the shared service centre, which form part of the Extra‑divisional Group. Such business architecture makes it possible to offer unique logistics solutions to our customers, including support along the entire transportation route.
Diversified assets and management functions combined in a single service for the customer provide a reliable basis under volatile market conditions as well as improve financial and operating performance every year, maintaining the leading role in the transportation industry.
Value created for stakeholders
Social programmes: RUB 530 mln
Training expenses: RUB 70 mln
Occupational health and safety expenses: RUB 343 mln
Fatalities and severe injuries: 0
Total procurement: RUB 115.4 bln
Rise in the share of competitive procurement up 21% vs 2022
Environmental expenses: RUB 425.9 mln
GHG emissions down 2.4%
Taxes paid to federal and local budgets: RUB 19 bln
Social investments: RUB 1.9 bln
More than 100 thousand people benefitting from a variety of the Company’s social and cultural initiatives