Rosatom and DP World Agree on Logistics Joint Venture

Rosatom and DP World have agreed to form a logistics joint venture. Rosatom will hold a 51 percent stake while DP World provides cash for the partnership.

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The state-owned nuclear energy giant of Russia, Rosatom, has announced a partnership with the United Arab Emirates-based port operator DP World to create a logistics joint venture. According to a spokesperson for Rosatom, the Russian company will hold a 51% majority stake in the venture, while DP World will secure a 49% interest.

A display featuring the Rosatom logo is pictured during the St. Petersburg International Economic Forum in Russia. REUTERS/Anton Vaganov/File Photo
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