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Far Eastern Shipping

October 20, 2004

FESCO is among the largest Russian companies by the volume of capitalization

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The rating ?gency of business magazine “Expert” presented the rating of Russian companies with the largest indices of capitalization (market cost of the company stocks).

PLC FESCO was on the 54th place (the 78th place in 2003).

Today FESCO capitalization totals 10 210 million rubles (or 349 million dollars).

The volume of the deals during the period from the 1st of September, 2003 till the 1st of September, 2004 totaled almost 2,5 million dollars.

The liquidity of the FESCO general stocks were attributed to the highest level A category of the liquidity. On practice it means that transactions are regularly closed with securities of the company on the Russian and foreign exchanges.

 

 

 

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