OREANDA-NEWS On 08 October was announced, that TransContainer BOD approved the credit contract Oct. 5. Besides, the funding of the fitting platforms purchase within the IIH investment program was affirmed as well.

TransContainer was founded on the basis of RZHD as the center for the cargo transportation in containers. It is in operation from 2006. It has 23ths platforms; 177ths containers and 47 terminals.

The share capital is worth 13.9bn rub. split in 13894778 common stocks of 1ths rub. par. The major holders involve RZHD having 84.9999%, EBRD - 9.245%.

By now 15% have been sold to investors. After the restructuring RZHD will have the working interest - 50%+1 stock.

The 9-month 2008 net profit (RAS) rose 2.35 fold to 2.366bn rub. against 1.009bn rub. prior year. The IH 2008 net profit (IAS) reached 780.65mln rub.

The 2008-net profit (IAS) rose 84.6% to 3.570bn rub.; revenues increased 53.2% to 20.494bn rub. from 13.375bn rub.; pretax profit being up 66.6% to 4.558bn rub. from 2.734bn rub.