OREANDA-NEWS. December 30, 2009. FESCO's second largest shareholder, a Swedish investment fund "East Capital Russia", was ranked by Morningstar — a leading information provider on investment fund industry — The Best Performing Fund Globally over the past decade.

The fund generated the highest returns world-wide to its clients for the period of 2000 — 2009. FESCO congratulates Jacob Grapengiesser, a partner in East Capital and an independent member of FESCO Board of Directors, with this commendable achievement.

According to Sergey Generalov, FESCO's President and CEO, "we're proud to be one of the longest-term investments in East Capital portfolio. This is a sign of common views both on the future of transportation and logistics industry in Russia and on the strategy, endorsed by FESCO, to become a national champion in integrated logistics and container services.

Jacob Grapengiesser adds that "East Capital has a strong belief in the potential of the Russian economy and hence transportation as its critical element. In our view, FESCO is very well positioned to benefit from future growth of Russia, and, as a publicly traded company, provides an attractive opportunity for those investors who would like to get an exposure to this promising sector."