Russia’s state-owned nuclear corporation Rosatom has acquired full ownership of Delo Group, one of the country’s largest container transport and logistics operators, as it moves to consolidate its shipping, port and rail assets under a broader logistics structure.
The transaction, announced on 7 October 2026, involved Rosatom acquiring the remaining 51% stake in Delo Group from its founder, Sergei Shishkarev. Rosatom previously held a 49% interest in the company.
The acquisition gives Rosatom complete control of a logistics group with extensive container terminal operations, inland transport infrastructure and a substantial fleet of containers and railway platforms.
Rosatom plans to consolidate Delo and FESCO assets
Following the transaction, Rosatom intends to bring Delo Group together with its existing logistics businesses, including shipping and transport operator FESCO.
Rosatom Director General Alexei Likhachev confirmed the completion of the acquisition and said the corporation was beginning the final consolidation of its logistics assets, with the objective of establishing Russia’s largest national logistics company.
According to Likhachev, the corporation’s logistics operations now account for approximately 50% of Russia’s container handling market and 44% of the country’s rail container transport market. These figures represent the company’s own assessment of its market position.
The proposed consolidation would bring together Delo’s container terminal and rail operations with FESCO’s maritime services, port infrastructure and intermodal transport network.
Rosatom also has responsibility for developing the Northern Sea Route, making maritime and inland logistics an increasingly important part of its wider activities.
However, the acquisition of Delo and the subsequent integration of the corporation’s transport businesses are separate developments. Rosatom has confirmed the ownership transaction, while the wider consolidation process is now beginning.
Delo brings extensive container and terminal operations
Founded in 1993, Delo Group operates across container shipping, port handling, rail transport and inland logistics.
According to the company’s corporate information, its infrastructure includes seven marine terminals and 46 inland terminals, with combined marine container handling capacity of approximately 3.5 million TEU annually.
Its inland terminals have an annual handling capacity of approximately 3.6 million TEU.
The group also operates around 40,000 container flatcars and a container fleet with total capacity of approximately 220,000 TEU, alongside its own vessels.
Its port operations extend across Russia’s Black Sea, Baltic and Far Eastern regions, while its logistics subsidiaries provide domestic and international container transport services.
Delo also controls grain handling infrastructure, including the KSK terminal at Novorossiysk, giving the group activities beyond container transport.
The combination of these assets with FESCO’s existing network is intended to strengthen Rosatom’s position across maritime transport, container terminals and rail logistics.
Transaction follows shareholder disagreements
Shishkarev confirmed the sale of his controlling stake through a statement published on Delo Group’s official website.
He said that disagreements over the company’s future had led to the end of the partnership with Rosatom, which began in 2019.
The transaction followed a shareholder buyout procedure initiated earlier in 2026. Under the mechanism, Shishkarev’s 51% stake was valued at 77 billion rubles, although the parties did not disclose the final consideration paid.
Shishkarev also indicated that he intends to remain involved in Russia’s logistics sector following his departure from Delo Group.
For Rosatom, the acquisition represents another step in expanding its activities beyond nuclear energy and consolidating transport infrastructure serving Russia’s domestic and international trade.
The next stage will involve the planned integration of Delo with the corporation’s other logistics assets, including FESCO, although a detailed implementation timetable has not been announced.
