By Andrei Skvarsky.
Russia’s biggest lender Sberbank, in pursuing a diversification strategy, has moved into the country’s logistics market via SberLogistics, a newly founded subsidiary that has already put in place an extensive nationwide deliveries network and has large-scale near-term development plans.
SberLogistics, which is based in Moscow and was set up in May 2019 but has only recently begun sales, bases its business on an online delivery service aggregator platform acquired by Sberbank in July, according to a statement from the bank.
It has a delivery network with 6,000 parcel collection points and is represented in 465 Russian cities and towns from St Petersburg to Vladivostok through its own and partner courier services.
In October SberLogistics, which is 100 per cent-owned by Sberbank, opened a warehouse in Moscow with a floor space of about 50,000 square metres and plans to set up warehouses in St Petersburg, Yekaterinburg, Rostov-on-Don and Vladivostok before the end of 2019.
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