RNS Number : 8151C
TransContainer Extends Term of CEO
On 21 January 2015 the Board of Directors of PJSC TransContainer ("TransContainer" or the "Company") decided to extend Mr. Petr V. Baskakov's term as CEO of the Company for one year to 11 February 2016.
22 January 2015
Andrey Zhemchugov, Director,
+7 495 637 9178
+7 495 609 6062
Tony Friend / Galyna Kulachek/ Jenny Payne
+44 (0) 20 7457 2020
TransContainer (LSE ticker: TRCN) is the leading intermodal container transportation company in Russia. It is the market leader in Russia by flatcar fleet size, container transportation by rail and rail-side container terminal throughput. As of 30 September 2014, it operated 26,918 flatcars and 63,918 ISO containers. It owns a network of 46 rail-side container terminals in Russia, 19 rail-side terminals in Kazakhstan (through its joint venture company KedenTransService) and operates one terminal in Slovakia. Company's sales network comprises more than 130 sales offices across Russia as well as presence in the CIS, Europe and Asia. TransContainer is listed at Moscow Exchange and LSE. Company's major shareholder is JSC United Transportation and Logistics Company (a subsidiary of Russian Railways) with 50%+2 shares.
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