Globaltrans, private railway operator, decided on an Extraordinary General Meeting of shareholders to be held on November 23, 2009. As per the company information the issue on the Company’s authorised share capital increase which is $11,695,906.40 is included in the agenda (divided into 116,959,064 ordinary shares of $0.10 each to $23,391,812.80, divided into 233,918,128 ordinary shares of $0.10 each by the creation of an additional 116,959,064 ordinary shares of $0.10 each, which will rank pari passu in all respects with the existing ordinary shares of the capital of the Company.”
Globaltrans is one of the Russia’s largest private railway companies occupied in rail freight. Globaltrans Investment cargo turnover increased by 1% (to 61.7 bln ton-kilometers) in 2008 against 2007.