• 2017 August 8 15:03

    State Transport Leasing Company's leasing portfolio becomes the largest in Russia

    Russia's OJSC State Transport Leasing Company (GTLK/STLC) has become the largest leasing company in the country in terms of the leasing portfolio, which now exceeds RUB 430 billion, the STLC press office said citing provisional results of a research of the Russian leasing market in H1 2017. The research was conducted by RAEX rating agency (Expert RA Group) in conjunction with the United Leasing Association.
    The company's new business volume amounted to RUB 55.4 billion, or a 70% surge from H1 2016. STLC is the first in terms of the amount of new leasing contracts of total value at RUB 103.4 billion.

    Sergei Khramagin, CEO, State Transport Leasing Company comments: "For the first time State Transport Leasing Co becomes the largest leasing company in Russia in terms its leasing portfolio. The company's business is actively developing, and this is reflected in the ranking. Of course, we are not going to stop and prepare strategic plans for the future. One of the priority directions of our company's activity is the development of export of Russian high-tech products. To solve this problem, the GTLK Group has sufficient infrastructure, our 100%-own subsidiary GTLK Europe successfully operates in the international leasing market from 2012".

    According to Expert RA, the total volume of new business of leasing companies in the first half of the year has reached RUB 425 billion as of July 1. The leasing business continues an upward trend second year in a row, largely due to the stabilization of the Russian economy and the implementation of government programs to subsidize leasing sector.

    The market performance indicators prepared in the framework of the research will be submitted to Leaseurope. The full results of the research will be published on the Expert RA website and in leading business media outlets in the second half of September 2017.

    State Transport Leasing Company is one of the leading companies in the Russian leasing market, a diversified leasing company being one of the top five leasing companies by volume of the leasing portfolio, an industry leader in the aircraft and water transport leasing sectors. The sole shareholder of STLC is the Russian Government through the Ministry of Transport. STLC is an implementation tool of the state policy of control and development of the Russian transport industry. STLC facilitates the utilization of Russia’s transit potential, and develops transport and infrastructure projects using the leasing mechanism. The Company's principal activities are the leasing of air transport, sea and river vessels, railway vehicles, trucks and special equipment as well as energy-efficient urban passenger transport, including gas and electricity propelled vehicles.

    As of December 31, 2016, STLC's assets under IFRS exceeded RUB 232 billion. STLC assigned credit ratings of "BB" from Fitch Ratings, "BB-" from S & P Global Ratings and "Ba2" from Moody's Investors Service.

2019 April 26

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15:04 Port of Antwerp cargo turnover down by 3% in Q1 2019
14:36 Keppel delivers fourth enhanced KFELS Super A Class unit to EnscoRowan
14:11 Yakutia, Russia officials host groundbreaking ceremony at the site of future Zhatai Shipyard
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12:03 DEME Offshore and Equinor join hands to study floating concrete substructures for Hywind Tampen floating wind farm
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10:24 Russia’s MARINET OKs the autonomous concept of IQBoat
10:11 Brent Crude, WTI futures close lower at $ 74,19 and $ 64,89, repectively
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2019 April 25

18:06 St. Petersburg port Marine Façade revamped Pier 7 to accommodate two longer cruise ships from 2021
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17:05 MOL announces naming ceremony for two newbuilding LNG carriers
16:08 Bumi Armada refinances corporate debt
15:37 Volga Shipping Company starts 2019 cargo shipping season on the Upper Volga
15:08 Bibby HydroMap hold DriX demonstration day at Catapult in Blyth
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13:52 CMA CGM unveils its vision for a digital customer journey and launches CMA CGM eSolutions
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13:08 CNOOC China Limited signs a petroleum contract with PetroChina
12:08 HullWiper signs hull cleaning frame agreement with Equinor ASA
11:08 ONE announces delivery of 14,000-TEU containership “ONE APUS”
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10:24 Brent Crude futures price edges up to $ 74,6, WTI - down to $ 65,79
10:08 Seagull Maritime acquires software company Tero Marine
10:08 Zelenodolsk Shipyard hosts keel-laying ceremony for 10th Grachonok-class special purpose boat
09:49 NCSP and VTB close the Novorossiysk Grain Terminal shares sale deal
09:07 UK’s leading port operator, ABP, appoints new Chief Commercial Officer
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08:07 Delta Mariner first to use deepened Nieuwe Waterweg at the Port of Rotterdam
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2019 April 24

18:15 Cryogas-Vysotsk kicks off full-scale LNG production
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17:05 Oceaneering takes delivery of the advanced subsea construction support vessel
16:37 COSCO SHIPPING signs a strategic cooperation agreement with Yangzhou
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16:05 Tanjung Bruas Port expands its services to container ships
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14:29 Rosmorport picks Oil Terminal Lavna to provide berths for its ships docking in Murmansk
13:42 Ust-Luga Port’s three-month volume up 8% to more than 26 million tonnes
13:35 Port of St.-Petersburg Q1 cargo volumes rise 3% to 14.26 million tonnes
13:22 FPU Akademik Lomonosov completed trials of nuclear power plant