Brunswick Rail Increases Fleet of Freight Transportation unit by 15%
OREANDA-NEWS. August 29, 2012. Brunswick Rail, one of the leading Russian private freight railcar operating lessors, today announces the acquisition of 200 railcars for its transportation subsidiary Proftrans.
The model 12-9046 gondolas were delivered by the Stakhanov Railway Car Building Works in July, boosting the size of the Proftrans fleet by 15%.
Vladimir Khoroshilov, Brunswick Rail’s Managing Director of Business Development, said: “Before acquiring rail freight operator Proftrans in summer 2011, Brunswick Rail did not have its own freight transportation unit. In its first year as part of the Company Proftrans has proved its value, so we have put in place a programme to grow its fleet to be able to meet our clients’ demands in full.”
About Brunswick Rail
Brunswick Rail is one of the leading Russian railcar operating lessors, according to INFOLine estimates, with a fleet of over 22,000 modern railcars. Independence, a strong strategic track record and in-depth market knowledge have allowed Brunswick Rail to earn its position as a reliable partner for many of Russia’s blue-chip industrial and transportation companies. The majority of Brunswick Rail’s railcars are gondolas (71%) and mineral hoppers (15%), with box cars, universal platforms and tank cars making up the remainder (14%). Brunswick Rail’s shareholders are the Company’s founders (24.9%), Macquarie Renaissance Infrastructure Fund (15.4%), the IFC (13.4%), Sumitomo Corporation (9.3%), VTB Capital (7.1%), UFG (5.7%) and other investors and Company management (24.2%).
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