IMD-3-1929 © 2008
Lorange, Peter; Francis, Inna
This case elucidate a Russian shipping and transport business, FESCO, from its early days as a state-operated shipping business, concentrating on the Russian Pacific trade from Vladivostok, through to its privatization under the brand-new bulk ownership of Sergei Generalov, previous Russian minister of fuel and energy. It consequently diversified into rail services and terminals and broadened its shipping operations from the Russian Pacific to the Black and baltic Seas.
FESCO ended up being a crucial logistics gamer in the swiftly growing Russian market. Second, the case shows how FESCO's portfolio method stays susceptible due to the fact that of its reliance on the state of the Russian economy and lawmakers, in spite of a remarkable on-paper diversity.
Subjects: Shipping; Emerging Markets Strategy
Settings: Russia; Shipping; US$457 million; 2006-2008