OREANDA-NEWS. February 04, 2011. FESCO is to list shares on a foreign stock exchange in the next couple of years, company deputy board chairman, Kirill Rubinsky said. “If FESCO merges with Transcontainer, we will have to generate extra liquidity for investors in quite a short time. To do this, we have to hold an IPO overseas.

What exactly we shall put on the market, we do not know”, he said. According to Rubinsky, it can be either a company, shareholder in both FESCO and Transcontainer, but in case FESCO brings its stake in Transcontainer to a controlling, or just FESCO shares. The size of the share package due to be placed is yet unknown.