Sergei Generalov sharing Vladivostok business

According to Kommersant (1 February 2012), Sergei Generalov’s Fesco Group had to agree to a number of concessions when consolidating 95 per cent of the shares of Vladivostok Commercial Sea Port. In order to receive half of this interest, Generalov agreed to hand over former co-owners of the port, headed by Vyacheslav Pertsev, control of the port’s service business.

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