In the third quarter 2007, net profit of North Western Fleet OJSC grew by 48%, year-on-year, to RUR 34.4 million, the company informs according to RBC. In the reported period, the company’s proceeds grew by 26.8% to RUR 138.809 million.
North Western Fleet OJSC is a shipping company specializing in both export-and-import cargo transportation and in transportation of cargo by inland waterways of Russia. The company operates 120 river-and-sea going vessels, tug fleet and auxiliary fleet. The company’s annual turnover is about 6 million tonnes of cargо.