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22 Jan 2015

Transcontainer extends term of CEO

RNS Number : 8151C

PJSC TransContainer

TransContainer Extends Term of CEO

On 21 January 2015 the Board of Directors of PJSC TransContainer ("TransContainer" or the "Company") decided to extend Mr. Petr V. Baskakov's term as CEO of the Company for one year to 11 February 2016.

22 January 2015

Enquiries:

TransContainer

Andrey Zhemchugov, Director,
Capital Markets and Investor Relations

+7 495 637 9178

+7 495 609 6062

E-mail

IR(at)remove-this.trcont.ru 

Website

www.trcont.ru

Instinctif Partners

Tony Friend / Galyna Kulachek/ Jenny Payne

+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. 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 of 30 September 2014, it operated 26,918 flatcars and 63,918 ISO containers. It owns a network of 46 rail-side container terminals in Russia, 19 rail-side terminals in Kazakhstan (through its joint venture company KedenTransService) and operates one terminal in Slovakia. Company's sales network comprises more than 130 sales offices across Russia as well as presence in the CIS, Europe and Asia. TransContainer is listed at Moscow Exchange and LSE. Company's major shareholder is JSC 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 (a subsidiary of Russian Railways) with 50%+2 shares.

 

This information is provided by RNS

 

The company news service from the London Stock Exchange

 

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