OREANDA-NEWS. July 02, 2012. Globaltrans Investent PLC (the “Company” and together with its consolidated subsidiaries “Globaltrans” or the “Group”), (LSE ticker: GLTR) today announces that it has received delivery of the 10,000 railcars contracted as part of its CAPEX programme announced in December 2011 and that all these railcars have now been deployed in the Group’s operations. In addition, the Group has contracted for an additional 958 railcars with delivery expected by the end of August 2012.

The recent acquisition of Metalloinvesttrans, which owns 8,256 railcars, along with the combined railcar purchases of 10,958 railcars referred to above, will have increased the Group's owned fleet by 47%[1] from the end of 2011.

Sergey Maltsev, Chief Executive Officer of Globaltrans, commented:

“I am pleased to report that all the railcars which have been received to date have been successfully deployed in revenue-generating activities within the Group’s fleet. We see continuous demand for our services driven both by the quality of our fleet and the high level of service we are able to provide. Our increased scale combined with our proven track record of resilient performance will enable us to further capitalise on growth opportunities in the Russian freight rail market.”