TransContainer

TransContainer (MCX: TRCN) is an intermodal freight transport company based in Russia. It was founded as a subsidiary of RZD.[1]

It is Russia's main intermodal container transport and integrated logistics company; it transports over a million TEUs per year.[2] The company owns about 60% of the total flatcar fleet in Russia, holds 52% of the rail container transportation market and 32% of the container terminal handling market in Russia. Transcontainer also owns about 60,000 ISO containers, owns a network of rail-side container terminals, which are located at 46 railway stations in Russia, and operates Dobra container terminal on the border of Slovakia and Ukraine. It also controls 50% of Kedentransservice, which offers terminal handling at 19 railway stations in Kazakhstan.

In 2014, PJSC TransContainer transported 1,467,000 TEU by its railcar fleet and handled 1,331,000 TEU via its terminals in Russia. For the same period, the company had revenue under IFRS of RUB 36,565 million (-6.6 % YoY) and Net Income decrease by 20,8% to RUB 3,658 million.

In 2010, TransContainer began an IPO, which valued the company at $1.32 billion;[3] Fesco bought a 12.5% stake.[4] The company's major shareholder with 50% +2 shares is United Transportation and Logistics Company, established by Russian Railways, Belorussian Railway and Kazakhstan Temir Zholy, FESCO Transportation Group – 24.1%, European Bank for Reconstruction and Development – 9.2%. The rest of shares forms Company's free float.

References

  1. "Railway Gazette: News in Brief". Retrieved 2010-11-15.
  2. "About the Company – JSC TransContainer". Retrieved 2010-11-15.
  3. "TransContainer sets IPO price at $80 per share". RIA Novosti. Retrieved 2010-11-15.
  4. "FESCO buys 12.5% of Russia's Transcontainer". 2010-11-15. Retrieved 2010-11-15.
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