RNS Number : 0956O
On 22 May 2015, PJSC TransContainer ("TransContainer") (TRCN) was notified by CJSC Management Company TRANSFINGROUP that its shareholding in TransContainer decreased to 4.57% as at 22 April 2015.
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Tony Friend / Galyna Kulachek
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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 31 December 2014, it owned and operated about 27 thousand flatcars and more than 64 thousand 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 about 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 with 50% +2 shares is United Transportation and Logistics Company, established by Russian Railways, Belorussian Railway and Kazakhstan Temir Zholy.
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