MOSCOW TIME: 20.10.2019 03:51:06

Companies + Local News + Markets

Russian-French enterprise to construct a chain of Wholesale & Distribution Centers

Russian-French enterprise to construct a chain of Wholesale & Distribution Centers

A new joint venture created by Rosagromarket group and FM Logistic (France) will embark on creating a chain of Wholesale & Distribution Centers.



Russian-French enterprise to construct a chain of Wholesale & Distribution Centers


A new joint venture created by Rosagromarket group and FM Logistic (France) will embark on creating a chain of Wholesale & Distribution Centers.


The French party will be in charge of the enterprise's operations, including services, warehousing and shipping logistics, while the Russian party will be responsible for the construction of infrastructure and leasing of retail and storage space. FM Logistic's share in the new JV will be 72% and Rosagromarket will have a 28% stake.


The first facility to be arranged by the JV will be a 210,000 sq.m. Wholesale & Distribution Center in Novosibirsk enabling the provision of food manufacturers with storage space required to store fruits, vegetables, meat, fish and dairy products and services associated with aftermarket preparation, logistics and wholesale. The W&DC will be capable of storing up to 136,000 tonnes of products with the planned amount of investments totaling RUB 16.5 billion.



Share this:

Share this Share this Share this

NEWS


26.09.2019 Vietnam-Russia Bilateral Ties Deepen, Boost Investment

Russia was one of the first countries to establish diplomatic relations with Vietnam, laying the groundwork for a strong bilateral and economic relationship between the countries.

04.09.2019 Russias trade turnover with African states up 17% in 2018

Russias trade turnover with the African states increased by more than 17% in 2018 to $20.4 bln. A representative of the Russian Foreign Ministry told TASS that the majority of...

21.08.2019 Taiwanese delegation to promote agriculture in Russia

A Council of Agriculture-led delegation from Taiwan is to travel to Moscow on Wednesday next week to take part in a two-day promotion of Taiwanese agricultural products.

EVENTS


16.09.2020 Mining and Metals Central Asia 2020

Mining and Metals Central Asia is a professional platform to demonstrate achievements of Kazakhstani and foreign manufacturers of equipment, services, and developments in the field...

16.09.2020 Kazcomak 2020

Kazakhstan International Road and Heavy construction, Communal machinery exhibition

INTERVIEWS


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education


03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners