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16 Aug 2017

Acquisition of 100% stake in JSC Logistika-Terminal

 RNS Number : 1655O
 PJSC Transcontainer
 16 August 2017

 

 Acquisition of 100% stake in JSC Logistika-Terminal

 

PJSC TransContainer (LSE ticker: TRCN) (the "Company") today announces that it has signed an agreement to purchase 100% stake in JSC Logistika Terminal, one of the most modern inland Transportation equipment for shipping cargo via various means of transport. Containers are durable enough for repeated use and can be stacked. Containers are divided into medium-duty (three- and five-tonne), which conform to former Soviet Union standards and are still used for shipments in Russia and the CIS, and ISO (20- and 40-foot) containers, which are used for Russian and international shipments. The universal standard unit TEU (twenty-foot equivalent unit) was introduced to measure transport flow volumes.
container
terminals in the North-Western region of Russia, from First A place equipped for the trans-shipment and storage of containers. A container terminal
typically includes one or more container yards. Rail-based container terminals are equipped with spur tracks for loading and unloading containers to/from railroad platforms (cars).
Container Terminal
Inc., a subsidiary of Global Ports Investments Plc. The cash-based RUB 1.9 billion transaction is to be completed upon receiving all the relevant regulatory approvals.

This acquisition will strengthen the Company's offering of providing its customers with the high-quality intermodal container transportation services, as well as enhance the Company's position as the leading intermodal container A legal entity or individual entrepreneur owning wagons and containers, or possessing them on any other basis, that participates, pursuant to a contract with a carrier, in the carriage process using the aforementioned cars and containers.
operator
in Russia.

JSC Logistika Terminal operates a rail-based container terminal in Shushary, which is in the close proximity to Saint-Petersburg. It was put into operation in 2010 and provides a wide range of container A form of payment for sea transportation of cargo, or the use of a ship for a certain period of time. Freight payment is determined by the volume of cargo delivered to the destination
or by the volume of cargo loaded onto the ship.
freight
station and dry port services.  In 2016, the container handling volumes of JSC Logistika Terminal amounted to 174 thousand TEU, up 58% year-on-year.

 

Enquiries:

   TransContainer

Andrey Zhemchugov, First Deputy CFO: +7 495 637 9178, +7 495 609 6062
E-mail: IR(at)remove-this.trcont.ru
Website: www.trcont.ru

   Instinctif Partners

Galyna Kulachek / Dinara Shikhametova   +44 (0) 20 7457 2020

 

About TransContainer

TransContainer (LSE ticker: TRCN) is the leading intermodal Transportation equipment for shipping cargo via various means of transport. Containers are durable enough for repeated use and can be stacked. Containers are divided into medium-duty (three- and five-tonne), which conform to former Soviet Union standards and are still used for shipments in Russia and the CIS, and ISO (20- and 40-foot) containers, which are used for Russian and international shipments. The universal standard unit TEU (twenty-foot equivalent unit) was introduced to measure transport flow volumes.
container
transportation company in Russia with a market share of approximately 47%. It is the market leader in Russia by A specialised type of rolling stock designed to carry ISO containers.
flatcar
fleet size, container transportation by rail and rail-side A place equipped for the trans-shipment and storage of containers. A container terminal
typically includes one or more container yards. Rail-based container terminals are equipped with spur tracks for loading and unloading containers to/from railroad platforms (cars).
container terminal
throughput. As at 30 June 2017, it owned and leased 23,561 flatcars and 70,990 ISO containers. TransContainer also owns a network of rail-side container terminals, located at 44 railway stations across Russia and operates one terminal in Slovakia under a long-term lease agreement. The Company's joint venture JSC Kedentransservice ("Kedentransservice", or "KDTS") also operates 19 inland rail-side terminals in Kazakhstan. The Company's sales network comprises of 111 sales outlets in Russia, along with additional outlets across the CIS, Europe and Asia. TransContainer is listed at Moscow Exchange and LSE. The Company's major shareholder with 50% +2 shares is United Transportation and The process of organising a chain of delivery, and managing that chain in the broadest sense. This chain may encompass both deliveries of raw materials needed for production and management of material resources at an enterprise, delivery to warehouses and distribution centres, sorting, handling, and final distribution at the points of consumption. In the context of transportation services, the main service is that of delivering cargo across a delivery route.
Logistics
Company, established by Russian Railways, Belorussian Railway and Kazakhstan Temir Zholy.

 

This information is provided by RNS
The company news service from the London Stock Exchange

 

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