Independent journal on economy and transport policy
19:37 GMT+2
CONSORTIUM OF BANKS TAKES OVER PORT OF ST PETERSBURG
(Shipping Times)
August 21, 1997
[MOSCOW]
Russia's sea port of St Petersburg has been taken over by a consortium of Russian and foreign banks and financial institutions which has said it is ready to invest heavily in order to improve equipment and efficiency.
The change in control of the company which runs the port emerged during an extraordinary meeting of shareholders when it became clear ...... Read more on Shipping Times
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