APM Terminals invests in Russia

The transaction values Global Ports at around US$2.3bn, making APM Terminals’ share acquisition the largest foreign direct investment in Russia’s transportation industry to date.

With this new partnership APM Terminals adds three container terminals in Russia, two in Finland, an inland container depot near St. Petersburg and a major oil and oil products terminal to its global network. APM Terminals will also be able to play a major role in expanding terminal capacity for future demand in Russia and neighbouring countries when the right opportunities present themselves.

The Russian market has been growing at an average rate of more than 15% a year in the past five years and the rapidly developing middle class, Russia’s integration with the global economy as evidenced by the recent WTO membership and the country’s wealth of natural resources will continue to fuel the growth in exports and imports in the long run.