Globaltrans Purchases 1 500 Railcars
OREANDA-NEWS. December 15, 2011. Globaltrans Investment PLC (the “Company” and together with its consolidated subsidiaries “Globaltrans” or the “Group”; LSE ticker GLTR) announces that the Group has contracted for 1,500 gondola cars, which are scheduled for delivery by the end of February 2012. This capital expenditure is expected to be financed with own funds as well as borrowings.
ENQUIRIES
Globaltrans Investor Relations
Mikhail Perestyuk +357 25 503 153
irteam(at)globaltrans.com
For international media
Holloway & Associates Laura Gilbert / Zoe Watt +44 20 7240 2486
globaltrans(at)rholloway.com
NOTES TO EDITORS
Globaltrans is Russia’s leading private freight rail transportation group and the first such group to have an international listing.
Globaltrans Investment PLC is incorporated in Cyprus with major operating subsidiaries located in Russia, Ukraine and Estonia. The Group provides freight rail transportation, railcar leasing, and certain ancillary services to clients in Russia, the CIS countries and the Baltics.
The Group’s fleet of rolling stock owned and leased under finance and operating leases amounted to 49,529 units at 30 June 2011, including 28,776 gondola cars, 20,207 rail tank cars, 56 locomotives and 490 other railcars.
The Group’s Freight Rail Turnover in the first six months of 2011 amounted to 57.5 billion tonnes-km with 36.4 million tonnes of freight transported. In the first six months of 2011 the Group’s Adjusted Revenue amounted to USD 603.6 million with Adjusted EBITDA reaching USD 256.5 million.
Globaltrans' global depositary receipts (ticker symbol: GLTR) have been listed on the Main Market of the London Stock Exchange since May 2008.
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