It will provide all complex of services aimed to provide the transporattion, marketing, cargo transfer. The terms of the mutual usage of the carriages depo are to be defined in the agreement to be signed Apr. 1, 2007.
TransContainer and Latvia Railways signed the memo Dec. 20 on the cooperation at the cargo transportation.
Over the 11-month period the Russia-Latvia transportation volume rose 49% to reach 5.8th DFE.
Nov. 30 the Company opened its representation in Belarus aimed to provide regular marketing of cargo carriage.
TransContainer was set up on the basis of RZHD as the center for the cargo transportation in containers. The share capital is worth 13.9bn rub.
In a year 25% are to be sold to investors; RZHD stake is assumed to cover 50%+1 stock as a blocking share.
The capitalization of the Company by 2010 is expected to reach 30bn rub.