Rosatom Takes Full Control of Transport Conglomerate Delo Group in $900M Buyout

Oct. 7, 2026 Sergei Shishkarev, founder of Delo. Semenforyou (CC BY-SA 4.0) Russian state nuclear corporation Rosatom has completed its acquisition of founder Sergei Shishkarev’s remaining 51% stake in transport conglomerate Delo, both parties announced Wednesday. Neither party disclosed the amount Rosatom paid, though Shishkarev has valued his stake in Delo at 77 billion rubles ($900.3 million). “From this moment, we begin the final consolidation of all Rosatom logistics assets, which will result in the creation of the largest national logistics company,” Rosatom CEO Alexei Likhachev said in a statement. Likhachev said the deal brought Rosatom’s market share in Russia’s container handling market to 50% and rail container transport to 44%. He boasted that Rosatom’s logistics arm operates in all Russian maritime basins, owns the country’s largest container fleet and owns port facilities in major cities. In his statement, Shishkarev cited “insurmountable disagreements” leading to the buyout seven years after Rosatom first bought a stake in Delo in 2019 as part of plans to capitalize on Arctic shipping routes. Shishkarev, who founded Delo 33 years ago, vowed to remain in the logistics sector and pledged to pay a “significant portion” of the buyout money toward state security. Russia’s federal budget unveiled recently showed record corporate donations of 471.5 billion rubles ($5.5 billion) in 2026 to help offset surging wartime military spending. Likhachev said Rosatom’s strategic goal was to “strengthen our country’s transport sovereignty, ensure sustainable international transport and develop the Northern Sea Route, and with it, the Trans-Arctic transport corridor.” Reuters contributed reporting. Read more about: Rosatom , Business Sign up for our free weekly newsletter Our weekly newsletter contains a hand-picked selection of news, features, analysis and more from The Moscow Times. You will receive it in your mailbox every Friday. Never miss the latest news from Russia. Preview Subscribers agree to the Privacy Policy We sent a confirmation to your email. Please confirm your subscription. A Message from The Moscow Times: Dear readers, We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent." These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia. We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help. Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact. By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us. Once Monthly Annual Continue Not ready to support today? Remind me later. × Remind me next month Remind me Thank you! Your reminder is set. We will send you one reminder email a month from now. For details on the personal data we collect and how it is used, please see our Privacy Policy. Read more Russia, Vietnam Advance Plans for First Nuclear Power Plant Vietnam is seeking to shore up its fuel reserves at a time of disruption to energy supplies caused by the war in the Middle East. 2 Min read Finance Ministry Eyes Online Casino Legalization to Boost Revenues – Kommersant Finance Minister Anton Siluanov reportedly suggested lifting Russia’s ban on online casinos, which have been illegal since 2009, as the government looks... 2 Min read Russia Halves Civilian Cargo Ship Orders Amid Rising Costs The State Transport Leasing Company (GTLK) will now deliver 18 vessels between 2023 and 2028, down from an initial order of 34. 1 Min read U.S. Investor Calvey Detained in Moscow on Suspicion of Fraud Michael Calvey is the founder and a senior partner at the Baring Vostok equity funds group.