Rosatom takes full control of Delo to expand Russia logistics operations

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Rosatom acquires Delo for logistics

Highlights

Rosatom acquired the remaining 51% of Delo from Sergei Shishkaryov, giving it full ownership and enabling plans to combine Delo with FESCO.
The deal expands Rosatom's logistics footprint with Delo's 220,000 TEU container fleet, 40,000 rail platforms, and control of the KSK grain terminal at Novorossiysk port.
Rosatom's move comes amid heightened transport security concerns, with KSK operations suspended this summer due to Ukrainian attacks on Black Sea port infrastructure.

Deal structure and transport expansion

As reported by Reuters, Rosatom says it has bought the remaining 51% stake in Delo from founder Sergei Shishkaryov, after previously holding 49%. The state company plans to combine Delo with its own transport assets, including shipping group FESCO, to create what it describes as Russia's largest network of rail, road and port terminals.

Rosatom chief Alexei Likhachev announces the deal, but does not disclose its value. Shishkaryov confirms the sale and says he will direct a significant part of the proceeds to "national security needs".

The transaction extends Rosatom's reach beyond its core nuclear business, where it is already the world's biggest builder of nuclear power stations. Its responsibilities also include development of the Northern Sea Route across the Arctic, a corridor backed by President Vladimir Putin as a strategic priority for Russia.

Logistics footprint and operating backdrop

Delo is Russia's leading container logistics operator, with marine and inland terminals, a container fleet with capacity exceeding 220,000 TEU and 40,000 rail platforms. The group also controls the KSK grain terminal at Novorossiysk port, Russia's largest grain export terminal on the Black Sea, with annual capacity of up to 10 million metric tons.

The acquisition gives Rosatom a broader position in cargo handling and export infrastructure at a time when transport security remains a concern. Operations at major Black Sea grain terminals, including KSK, are temporarily suspended this summer because of security concerns and Ukrainian attacks on port infrastructure.

Our earlier article on Germany blocking Cosco’s planned acquisition of Hamburg-based logistics group Konrad Zippel Spediteur explained how Berlin is tightening investment screening to protect critical infrastructure and reduce strategic dependencies linked to China. We noted that the cabinet cited security concerns and supply-chain resilience risks, underscoring a broader policy shift toward stricter scrutiny of foreign takeovers in sensitive transport and port-related assets.

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