Exec: Delo Group may launch logistic terminals in Russia, China - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Exec: Delo Group may launch logistic terminals in Russia, China

MOSCOW, Apr 10 (PRIME) -- Russia's logistics holding company Delo Group is discussing development of a network of logistic terminals in Russia and China with the Chinese partners, Vice President for Operating Activities and Government Relations Denis Ilatovsky told PRIME on Monday.

"Russian exporters and transportation companies need to develop a warehouse network to trade with China, as well as the Chinese need warehouses in Russia,” Ilatovsky said.

“Our former partners had a developed chain of warehouses in Russia, while the Chinese partners do not have it, they need help in the development of this terminal network."

At the end of March, Delo Group and China's Shandong Port Group agreed to establish a joint venture to fulfill logistic projects in Russia and China.

End

10.04.2023 08:33