Globaltrans Investment PLC announces that its long-term partnership with Rosneft has been successfully extended for the next five years. The five-year service contract with RN-Trans (a subsidiary of Rosneft) implies the transportation of 84.3 million tonnes of cargoes.
Extension of the service contract with Rosneft is evidence of the high standard and reliability of service provided by the Group.
Globaltrans is a leading private freight rail transportation group with operations in Russia, the CIS and the Baltic countries. The Group’s main business is the provision of freight rail transportation services. Globaltrans provides services to more than 500 customers and its key customers include a number of large Russian industrial groups in the metals and mining and the oil products and oil sectors.
The Group has a Total Fleet of about 66 thousand units of rolling stock with an average age of 9.1 years. Universal gondola cars and rail tank cars constitute the backbone of the Group’s fleet. More than 90% of the Total Fleet is owned by the Group. In the first six months of 2015, the Group’s Freight Rail Turnover (including Engaged Fleet) was 83.6 billion tonnes-km. The Group’s Market Share was 8.3% of overall Russian freight rail transportation volumes.