Russian Direct Investment Fund invests in the logistics company Freight Village RU
Press release, 19.09.2014
Sochi, 19 September 2014 – The Russian Direct Investment Fund (RDIF) has reached an agreement in principle regarding investment in the logistics holding company Freight Village Ru. Currently, RDIF is in negotiations with a number of leading foreign co-investors, who have expressed an interest in participating in the project. The final number of co-investors and their investment structure within the project is yet to be confirmed and will be announced at a later date.
The funds from the deal will be spent by Freight Village Ru to finance the construction of a large logistics complex, Freight Village Vorsino. This will allow the creation of a unified cluster of independent transportation firms, warehouses, distribution companies, logistics services providers, and industrial and trade enterprises with direct access to a multimodal terminal and to major freight corridors.
As of today the first stage of construction work has been completed. The following assets were put into operation: a 3000 sq.m. class B+ Business center, a bonded warehouse of 2800 sq.m., a container terminal area of 26 hectares, including rail infrastructure and a rail cargo park with 7 goods sidings totaling more than 6 km altogether, a parking area for 340 trailers and an open area for freight inspection. On October 21, 2013 the Obninsk customs station began operations in FVRu’s grounds. The next stage of the project constitutes the continuation of the construction of more than 600 000 sq.m. of warehouses and industrial areas, as well as of a business park, which is to be interconnected with general logistics infrastructure.
Freight VillageVorsino occupies 590 hectares of land in the Vorsino industrial park, 67 kilometres from the Moscow Ring Road (MKAD). More than 30 leading Russian and international industrial companies including Samsung, L’Oreal, AstraZeneca Industries, Nestle and NLMK are based in the industrial park. Freight VillageVorsino is connected with the М3 Moscow–Kiev federal highway, located close to the А101 highway, the Moscow Big Ring (А108) and also has direct access to the South-West route of the Moscow Railway. One of the biggest multimodal logistics terminals in Russia is in operation within the grounds of the complex.
The creation of Freight Village Vorsino is currently a top priority project in the Kaluga Region. In 2011, the Kaluga Regional Government and Freight Village RU signed a Cooperation Agreement. Implementation of the project will allow the freight servicing of companies in the Kaluga Region and New Moscow and will offer a brand new level of logistics services.
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Russian Direct Investment Fund (RDIF) was established in 2011 to make equity co-investments, primarily in Russia, alongside reputable international financial and strategic investors. RDIF acts as a catalyst for direct investment in the Russian economy. Based in Moscow, RDIF’s management company is a 100% subsidiary of Vnesheconombank. Further information at www.rdif.ru
The group Freight Village Ru was founded in 2012 to implement a logistics project according to the innovative European format ‘freight village’ in Russia. It is supported by the Association of German Freight Villages. The group’s parent company in Russia is headquartered in the Kaluga region and is a 100% subsidiary of the Dutch investor.
Russian Direct Investment Fund
Director, Media Relations Department
Tel: +7 495 644 34 14, ext. 2141
Mobile: +7 964 726 17 73
Andrew Hayes / Maria Ignatova / Elena Garside
Tel: +44 (0) 20 7796 4133
Freight Village Ru
Director, Marketing Department
Tel: +7 4843 99 62 26
Mobile: +7 910 860 53 41