Delo Management Company and Directorate of International Transport Corridors signed memorandum of cooperation

20 June 2022

On June 16, 2022, a memorandum of cooperation was signed at the St. Petersburg International Economic Forum between Delo Management Company (MC Delo - the headquarters of the Group), and the Directorate of International Transport Corridors. The signatories were Dmitry Pankov, the CEO of MC Delo, and Alexey Petrov, the CEO of DITC.

The parties decided to develop and consolidate two-way professional cooperation in view of expanding international transport corridors, using the transit potential of the Russian Federation and foreign countries to organization and implementation of cargo transportation, promoting the realization of complex sectoral and regional development projects in the ITC route zones. The parties are also interested in expanding partnerships in the field of information.

The main practical areas of cooperation will be the development and implementation of specific programs, projects and plans aimed at increasing the efficiency of international transport corridors, as well as the collection and analysis of information on their formation and use.

Commenting on the signing of the agreement, Dmitry Pankov noted: “Two global international transport corridors, West-East and North-South, pass through our country. This gives us significant advantages and potential for the development of logistics activities.

Today's realities require not just the development of these ITCs, but often a restructuring of all the established routes and chains. And the direction from the North to the South and back is becoming increasingly important. Our cooperation with our colleagues from the Directorate of International Transport Corridors is aimed at finding optimal solutions within such corridors, both for the assets of Delo Group and for the entire foreign economic activity of our country.

The current realities require not just the development of these ITCs, but often a restructuring of all the established routes and chains. And the direction from the North to the South and back is becoming increasingly important. Our cooperation with our colleagues from the Directorate of International Transport Corridors is aimed at finding optimal solutions within such corridors, both for the assets of Delo Group and for the entire foreign economic activity of our country”.

“For our part, we pay the utmost attention to the cooperation of such a major domestic transport and logistics holding as the Delo Group for a purpose of finding balanced solutions for the development of international transport corridors, both in Russia and abroad. In case the foreign trade priorities of the country are changing, it is necessary to build new transport and logistic chains in the direction of friendly countries, interested in development of business relations with Russia”, - Alexey Petrov emphasized.

About the Company

Delo Group is the largest transport and logistics holding in Russia, managing sea container terminals in the Azov-Black Sea, Baltic and Far Eastern basins, a network of railway container terminals, a fleet of containers and fitting platforms.

The Group's stevedoring business includes DeloPorts holding and Global Ports, a leading container terminal operator. The transport and logistics business of the Group is made up of the multimodal transport operator Ruscon and the intermodal container operator TransContainer that owns and operates the largest fleet of containers and flatcars over the entire 1520 standard railway network.

The autonomous non-profit organization "Directorate of International Transport Corridors" was established by order of the Government of the Russian Federation dated April 10, 2020 in order to develop and improve the efficiency of the use of international transport corridors passing through the territory of the Russian Federation.

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