Content: Company History (part 1)
First formed in 2006 as a subsidiary of Russian Railways (RZD), TransContainer has rapidly grown from hauling rail freight across Russia to shipping rail containers across Europe and Asia via rail, road and water; bolstering its position with a number of subsidiaries and joint ventures, backed by an expanding network of rail-side container terminals, capable of maintaining and overhauling The Company’s own considerable asset base of rolling stockand rail containers.
TransContainer’s stated business model is to create a ‘vertically integrated transportation and logistics group that provides container freight carriage and logistics services throughout Europe and Asia’. With each new route shipping rail freight from China, or joint venture increasing our maritime haulage reach, we get a step closer to achieving this goal. We have already made significant strides, but there is always more to be done. More regular rail freight routes to add. More joint ventures to anoint. More containers to haul.
Accordion: Achieving Excellence
In recent years, TransContainer has focused on consolidating its intermodal and rail freightservices, bolstering its position in the container transportation market across Europe and Asia. The Company’s success is reflected in a number of awards, as it refines and optimises its offering – introducing new routes, procedural efficiencies and an expanded online service.
TransContainer launched new regular container block trains on the routes Vladivostok - Ekaterinburg, Saint-Petersburg - Irkutsk, Perm - Saint-Petersburg.
TransContainer's Global Depositary Receipts (GDR) were admitted to trading on the Moscow Exchange (ticker: "TCDR")
TransContainer launched new regular container block train on the route Saint-Petersburg - Khabarovsk.
TransContainer’s online service iSales expands to cover Siberia and the Far East.
TransContainer launched a new block train on the route Saint Petersburg - Nakhodka.
TransContainer transformed its bonded warehouse at Zabaikalsk station to a bonded storage hub.
Russian Government approved for the transfer of Russian Railways’ interest in TransContainer to United Transportation and Logistics Company (UTLC).
TransContainer launched a new block train on the route Saint Petersburg - Krasnoyarsk.
Board of Directors of Russian Railways approved the transfer of 50%+2 shares stake in TransContainer to UTLC.
TransContainer, in cooperation with South Korean company HTNS and European logistic provider JTC, launches a new block train carrying rail freight between Dobra (Slovakia) and Vorsino (Industrial park in vicinity of Kaluga).
TransContainer launches a new container train on the route Moscow - Blagoveshensk.
UTLC was registered as legal entity according to Russian law. CEO of TransContainer was appointed as the President (CEO) of UTLC.
Russian Railways transferred its full shareholding of 50%+2 shares in TransContainer to the share capital of UTLC.
Russian Institute of Directors improved the National Rating of Corporate Governance of TransContainer up to 8 (Best practice of corporate governance) according to NRCG scale.
PJSC TransContainer launched 100th block train on the route Saint-Petersburg - Novosibirsk (Kleshikha station)
Moody’s Investors Service confirmed TransContainer’s Ва3 rating, stable outlook
TransContainer launched new block train carrying rail containers on the route Artem – Saint-Petersburg
PJSC TransContainer, Oy ContainerTrans Scandinavia, Ltd and JSC Kedentransservice launched a new block train service to transport export goods from Finland to China through Russia and Kazakhstan.
For 7 months of 2015 TransContainer transported 1,050 TEUs of container shipments ordered online.
TransContainer’s 2014 Annual Report ranked #107 in the ReportWatch TOP-400 Annual Report rating. The result is the best for a Russian public company in both 2015 and the whole history of the rating. The Business Model section of TransContainer’s annual report is included in the 2015 Best Practice list.
National rating of corporate governance of PJSC TransContainer confirmed at level 8.
TransContainer became a prizewinner of the XVIII Annual Report Competition organized by PJSC Moscow Exchange and the media group SM. The Company was awarded Best Annual Report of the Company with a Market Capitalization of 30 to 200 Billion Roubles and in the category Best Information Disclosure on Corporate Governance in the Annual Report."
TransContainer launched the block train on the route Omsk – Nakhodka.
TransContainer launched the block train taking rail freight on the route Novorossiisk – Moscow.
The Board of Directors of TransContainer decided to liquidate a representative office in the Federal Republic of Germany. The functions of this office are transferred to the Company's subsidiaries in Austria. The decision is aimed at cost optimisation.
Acting within the framework of the international project New Silk Road the JSC Russian Railways and PJSC TransContainer, in cooperation with its Chinese partners, launched the first block train from port Dalian (China) to Vorsino (Industrial park in Kaluga region) through the border crossing Zabaykalsk.
Moody’s Investors Service and Fitch Ratings confirmed TransContainer’s rating at Ва3/BB+ level respectively, stable outlook.
RUSAL and TransContainer announced the signing of a 3-year contract for shipment of RUSAL products in rail containers.
TransContainer, in cooperation with RZD, launched a new procedure that makes container transportation ordering easier and faster.
TransContainer announced a plan to build a container terminal in the vicinity of the Ugolnaya station near Vladivostok.
On 1st of June TransContainer celebrated the 10th anniversary of its foundation.
TransContainer successfully passed the certification audit of its’ quality management system by the company TUV Management System.
On 8 of August the first refrigerated train with fresh china's fruits and vegetables was launched from Dalan (China) to Moscow destination. TransContainer and RZD-logisticshave tested the new route of supply of perishable products
10-million customer of PJSC "TransContainer" received a 50% discount on transportation
PJSC "TransContainer" successfully placed on MOEX the 5-year exchange bonds in the amount of 5 billion rubles
TransContainer’s Annual Report-2015 is raited among TOP-100 world’s best
PJSC “TransContainer” in cooperation with Korean Hyundai Glovis launched the first block-train from Vostochniy port (Pacific ocean) to Shushary station (nearby Saint Petersburg) loaded with automotive spare parts for Hyundai Motor Manufacturing Rus plant
The first batch of gas pipes for “Nord Stream-2” project was transported by TransContainer’s block-train from Chelyabinsk to Kotka (Finland)
President of Russian Railways Oleg Belozerov and president of the company "Samsung Electronics" San Jin Pak agreed on long-term cooperation in the field of cargo containertransportation. PJSC "TransContainer" provides transportation and logistics services of the deal
PJSC "TransContainer" and "RZD Logistics" carried the first shipment along the international transport corridor "North-South", conveying a block train from Mumbai (India) to the logistics terminal "Freight Village Vorsino" (Kaluga)
PJSC "TransContainer" launched the new block train service from Shushary station (Saint-Petersburg) to Ekaterinburg freight station
TransContainer launched a block-train from Mys Churkin station to Shigulevskoe More station
The renewed freight terminal opened at Bazaikha station in Krasnoyarsk
TransContainer in cooperation with Chinese and Latvian railways held the first test train on the route Iu (China) – Zabaikalsk - Riga
TransContainer launched a new service on the route China - Mongolia - Russia in cooperation with the Chinese port of Tianjin. The destination point is Vorsino station in the Kaluga region. Time en route is 10 days including two cross-boarding operations.
PJSC «TransContainer» together with its partners from Kazakhstan and China launched new block train from Xinjiang Uygur Autonomous region (China). The train crossed the border of Kazakhstan at Altynkol/Dostyk border crossing point and then moved through Kazakhstan to Russia.
TransContainer and GEFCO launched a new container service from Europe to China. The first block train as a link of multimodal shipment en route Duisburg – Rotterdam – Riga – Posin – Iletsk 1 – Dostyk/Alashankou – Kashgar station has been dispatched from Riga. Overseas transportation and forwarding services in Riga were provided by GEFCO Baltic. PJSC TransContainer is providing rail transportation from Riga to Kashgar station.
PJSC TransContainer acquired a share in the capital of Freight Village Kaluga Sever Co. Ltd which owns two multimodal terminal and logistics centers in Kaluga region.
RAEX Rating Agency (RA Expert) assigned the ruAA+ national credit rating to nonfinancial company TransContainer. The rating outlook is stable.
PJSC TransContainer and JSC Ulan Bator Railways signed Memorandum of Cooperation. The cooperation foresees active development of a through service in China-Mongolia-Russia and return directions and also enhancement of service technologies at Erenhot/Zamyn-Uud and Sukhe Bator/Naushki border crossing points in order to provide clients with quality service on the route and to reduce transit time of cargo delivery.
PJSC TransContainer has been successfully developing its transportations from China to Ekaterinburg through Zabaikalsk. The volume of goods transported in this direction amounted to 1465 TEU in the first half of 2017, which is 55% more compared to the same period in 2016.
PJSC TransContainer was second in the Annual Report Contest and won a bronze award in the Best Integrated Report nomination of the annual report contest held by the League of American Communication Professionals (LACP. The Company’s annual report hit top 20 best annual reports in Russia and top 80 best annual reports in Europe, the Middle East and Africa.
PJSC TransContainer purchases 100% of shares of CJSC Logistika-Terminal, operator of one of the most modern container terminals in North-West region of Russia.
Fitch Ratings has affirmed PJSC TransContainer’s Long Term Issuer Default Rating at BB+ with Stable Outlook, which is one notch below the sovereign rating of the Russian Federation (BBB-/Positive).
PJSC TransContainer establishes a subsidiary company, TransContainer Freight Forwarding (Shanghai) Co., Ltd in the People’s Republic of China, in the Pilot Free Trade Area of Shanghai.
PJSC TransContainer has presented a new information system «Intelligence container terminal» on Kleshchikha station (TransContainer’s terminal) in Novosibirsk. This system is orientated on optimisation and automatization of technological process of containers terminal handling.
PJSC TransContainer won a prize in the main category, Best Annual Report of a Company with Capitalization from RUB 40 Billion to RUB 200 Billion, in the 20th Anniversary Annual Contest of Annual Reports, which was arranged by Moscow Exchange and RCB Media Group.
PJSC TransContainer successfully delivered ISOPAN RUS LLC’s sandwich panels from Volzhskiy of Privolzhskaya Railway to Ussuriysk of Dalnevostochnaya Railway.
PJSC «TransContainer» introduced a new freight logistics transportation service from China to Europe by own containers through territory of Russia, Kazakhstan and Finland. The first container train consisted of 41 of 40-foot containers started on 12th of December 2017 from Urumchi.
Accordion: Towards Vertical Integration
Over 2011 and 2012, TransContainer began working towards vertically integrating, achieving inter-modal freight transportation across Europe and Asia, building on the success of its core rail freight services and international joint ventures so far.
The Company launched a container block train on the route Saint-Petersburg-Finlyandsky – Babushkino (Sverdlovskaya area). The first train with estimated length of 57 flatcars departed from the terminal of the Company Saint-Petersburg-Finlyandsky – Babushkino on 24 March 2012. The train is mainly assigned for delivery of pulp and timber for export from Sverdlovskaya area to Saint-Petersburg Trade Port.
The Company launched a container block train on the route Saint-Petersburg – Khabarovsk without processing en route. This train is based on the technical train service Saint-Petersburg-Tovarny-Vitebsky to the Inskaya station of the West-Siberian railway. The new service allowed to shorten the delivery time of rail freight from 18 to 16 days.
TransContainer celebrates launching of the 1500th train with auto components of Volkswagen Group Rus to Kaluga. Since 2008, TransContainer and DB Schenker Rail Automotive (Germany) are the logistics partners of Volkswagen AG for rail containershipments to Russia from the European plants of Volkswagen in Germany, Czech Republic and Slovakia to the Russian plant of Kaluga and Nizhny Novgorod.
TransContainer has launched a new service for shipment of auto components to an assembly plant of Ford Sollers in Tatarstan on a container train on the route Malasheviche (Poland) – Tikhonovo (Elabuga, Tatarstan). The train is assigned for delivery of auto components for Kuga, Explorer, S-MAX и Galaxy.
Petr Baskakov, Company’s CEO, was listed among the top ten leaders in the Transportation sector by the Russian Managers’ Association and Kommersant business newspaper. Among winners also were: Olga Miller, director for corporate governance (I-st place), Viktor Zhukov, director for marketing and tariff policy (III-rd place) and Viktor Markov, director for legal Issues and asset management (III-rd place).
A number of the Company’s top managers were awarded in the Ranking of the Best Professionals in Corporate Governance: independent directors David Hexter and Irina Shytkina, chairman of the Company’s board of directors Pavel Ilyichev and director for corporate governance Olga Miller.
TransContainer was awarded with 1st prize in one of the key nominations - Best Disclosure in the Annual Report for Companies with Capitalisation of 10 to 100 billion Roubles in the XV Annual Reports Contest sponsored by the Moscow Exchange. The Company was also named absolute winner in four nominations of the industry-based contest of the annual reports Novaya Versta.
The Company was named the winner in a number of nominations: Best Annual Report of the Industry (Transport) and Best Annual Report of the Issuer of the Central Federal District at the XV Federal Contest of Annual Reports and Corporate Websites. The Company also placed third in Best Disclosure Level of the Issuer’s Annual Report.
Kedentransservice, the Company’s subsidiary in Kazakhstan developed its business in complex rail container service provision through Kazakhstan and the Central Asia countries.
TransContainer was rated Best Rail Company of the Year by Automotive Supply Chain Magazine at the Automotive Supply Chain Global Awards 2012 (Frankfurt am Main). The nominees included DB Schenker, TNT, LKW WALTER, Penske Corporation, Autologic, Sovereign Logistics Inc., Wallenius Wilhelmsen Logistics and others.
TransContainer’s Board of Directors approved the Company’s strategy until 2020. The strategic goal ‘to increase the Company’s market capitalisation through the increase of scale of business and its efficiency’ was approved as well as the Company’s business model as ‘a vertically integrated transportation and logistics group that provides container freight carriage and logistics services throughout Europe and Asia’.
The Company successfully placed a RUR 5 Billion 8.35% domestic amortising bond issue series 04.
The book was oversubscribed totalling 37 billion roubles. 40 investors took part in the book-building process. Alfa-Bank, VTB Capital and Raiffeisenbank acted as joint arrangers with VTB Capital acting as placement agent.
JSC TransContainer bond issue series 04 was included in the Lombard list of the Central Bank of the Russian Federation.
As part of the Transsib in Seven Days project, the Company introduced sales via the internet. The online iSales portal not only minimises the time needed to place an order for shipment of rail freight on the routes Moscow - Novosibirsk, Moscow- Irkutsk and Moscow - Khabarovsk and other routes, but also allows monitoring the status of the order and the location of rail containers on the route.
TransContainer held an opening ceremony in Novosibirsk for the renewed terminal at Kleshchikha. The space of the terminal increased six times and a new rail container yard with modern infrastructure facilities was implemented.
The Company was awarded 1st place in nomination Best Annual Report in Transport and Communication and Best Level of Information Disclosure at the the X International Investment Forum Sochi-2013.
TransContainer re-opened a renovated container terminal on the Moscow-Tovarnaya-Paveletskaya station. The terminal now allows handling of an integral container train. The storage capacity of the renovated terminal increased 1.7 times to 2,845 TEU while the handling capacity increased 1.5 times.
Moody’s Investors Service announced a change in outlook from ‘Stable’ to ‘Positive’ on the Ba3 corporate family rating (CFR) and Ba3-PD probability of default rating (PDR) of TransContainer. Moody’s Interfax Rating Agency also affirmed the Aa3.ru long-term national scale rating of TransContainer.
The Company launched a multimodal consignment along with TT Club Mutual Insurance Limited that complies with international law and allows significant simplification of the paperwork within complex multimodal shipments. The first shipment of containers under the consignment was performed in Pusan (Korea) with delivery to Novosibirsk (Russia) on 19 October 2013.
The Company was awarded 1st place for Best Annual Report of the Company with the Capitalisation of 10 to 100 Billion Roubles in the XVI Annual Contest of Annual Reports sponsored by the Moscow Exchange.
TransContainer won the special nomination of the Russian Institute of Directors – Best Level of Disclosure of Corporate Governance Practices in the X Annual Contest of Annual Reports held by Expert RA.
The Company was named the winner in a number of awards: Best Information Disclosure in the Annual Report of the Freight Company and Best Investor Information Disclosure on the Website in the III Annual Contest of Annual Reports and Corporate Websites in Transportation. TransContainer also took 2nd place in the main nomination of the contest – Best Complex Presentation of the Company.
Moscow Exchange approved inclusion of JSC TransContainer bonds series 04 in quotation list A1 from quotation list A2.
Accordion: Expanding Further Into Asia
Between 2010 and 2011, TransContainer’s expansion into the Asian and European markets expanded at pace. A number of joint ventures were launched covering China, Germany, Kazakhstan and South Korea, as well as a partnership with Mediterranean Shipping Company – the second largest shipping company in the world – significantly expanded our rail freight and intermodal reach.
TransContainer and PSA Peugeot-Citroёn launched a project to ship auto components from Peugeot-Citroёn to the assembly plant of PSMA-Rus (a joint venture between PSA Peugeot-Citroёn and Mitsubishi Automotive) in the Kaluga region of Russia.
TransContainer bonds series 01 entered the Moscow International Currency Exchange MICEX ‘A1’ list which comprises the most liquid securities from issuers that are in a secure financial position, have an excellent reputation for corporate management, and have an international credit rating.
After a series of successful trials of flexi-tanks by the Company in late 2009 and early 2010 TransContainer carried out the first test shipment in Russia of non-hazardous liquid cargoes using ‘flexi-tank’ rail containers.
To expand the list of freight types suitable for container transport, TransContainer added to its fleet a new type of “open-top” container, which does not have a rigid roof.
TransContainer successfully placed a RUB 3 billion five-year amortizing bonds series 02 with a fixed coupon of 8.8%. The issue was almost three times oversubscribed.
The Russian-German joint venture TransEurasia Logistics GmbH, with support from TransContainer and DB Intermodal, launched regular container shipments between the German city of Duisburg and Moscow. A train bearing the name Moskvich (“muscovite”) runs once a week, covering the 2,200 kilometre route in 107 hours.
TransContainer Europe GmbH, a fully owned subsidiary of TransContainer, was established in Austria to expand TransContainer’s international presence in growth areas of the rail container shipment market.
TransContainer Asia Pacific Ltd, a fully owned subsidiary of TransContainer, was established in South Korea to offer integrated logistics solutions for container shipments from South Korea to Russian regions and countries in Eastern and Western Europe.
A public offering of 36% minus two shares of TransContainer was made. The shares started to trade on MICEX and the RTS, Russia’s two leading stock exchanges. Global depository receipts, carrying the right to shares in the Company, were admitted for trading on the main market of the London Stock Exchange.
The official opening ceremony of the Russian-Chinese joint venture Rail-Container LLC was held on 6 December 2010. The company’s founders were TransContainer (49%) and China Railway International Multimodal Transport (CRIMT; 51%).
The Company received a trial consignment of coupled flatcars manufactured by Tatravagonka JSC (Slovakia). New flatcars have the capacity of up to 106 tonnes and are capable of carrying 45-foot containers. Such flatcars had not been used on Russian Railways network earlier.
An agreement for the establishment of a joint venture was signed between JSC TransContainer and DB Schenker Rail Automotive GmbH. The joint venture is to create a terminal and logistics centre in the Kaluga region of Russia.
The Company has acquired the control over 67% of the shares of JSC Kedentransservice, a leading private operator of a rail-side freight terminals network in Kazakhstan. The acquisition of Kedentransservice is part of the Company's strategy aimed at strengthening its presence in the fast-growing Asian market and is an important milestone in the development of Russia’s 1520mm gauge rail network transit. The other 33% of Kedentransservice shares are owned by JSC NC Kazakhstan Temir Zholy. According to the shareholder agreement, equal participation of the partners in the capital of Kedentransservice should be achieved within 2012.
An agreement on cooperation was signed between TransContainer and Mediterranean Shipping Company (MSC), the World’s second largest maritime container shipping company. The partnership with MSC significantly expanded the span of TransContainer’s multimodal services.
MICEX-RTS Stock Exchange resolved to transfer TransContainer’s shares from quotation List "I" to quotation List "B"
The Company developed and launched a management motivation program based on a system of key performance indicators (KPIs).
Company’s CEO Petr Baskakov was listed among the top-ten leaders in the Transport Business category of Russia's 1,000 Best Top Managers Rating conducted by the Russian Managers' Association and the Kommersant newspaper.
In the XIV Annual Reports Contest held jointly by MICEX and RTS, TransContainer was awarded the second place in the Best Information Disclosure in Annual Reports among Companies with Market Capitalisations of RUB 10 to 100 billion category.
Accordion: Taking Rail Containers Beyond Russia
During 2008-2009, Transcontainer expanded its rail freight operations far beyond Russia, shipping from China for the first time, as well as forging routes between Japan, Korea and Europe.
A demonstration run of the first international freight container train on the Beijing-Hamburg route was organised. The Company acted as a rail freight forwarder on the territory of Mongolia, Russia and Belarus using its own rolling stock.
Freight container trains started carrying Volkswagen component parts from the Czech Republic and Slovakia to the Volkswagen RUS factory in Kaluga.
OJSC TransContainer organized a regular service from the Japanese ports of Nagoya, Kobe and Yokohama.
Russian Railways completed a transaction for the sale of 15 percent of our ordinary shares in a private placement. In that transaction, 9.25 percent of the Company’s shares were acquired by EBRD and 5.75 percent by minority investors.
OJSC TransContainer placed its RUB 3,000,000 bond issue Series 1 in Russian Roubles on the domestic debt capital market (MICEX).
The Company established regular delivery of Hyundai Elantra automobile component parts from Korea to the Russian factory of TagAZ (Taganrog).
The placement of TransContainer’s debut RUB 3 billion bond issue series 01 with on MICEX.
OJSC TransContainer and CRIMT, a subsidiary of China Railways, signed a memorandum to cooperate in the transportation of rail freight in containers on international services across Russia and China.
The audit committee and the strategy committee were set up under the Board of Directors of the Company.
OJSC TransContainer and Volkswagen RUS signed an agreement to establish logistics at the Volkswagen factory in Kaluga. Under the agreement, OJSC TransContainer performs the loading and discharging of freight containers at the factory.
LLC Trans-Eurasia Logistics GmbH, a joint venture between OJSC RZD, OJSC TransContainer and Deutsche Bahn, was registered in Germany to provide international freight container transportation.
The Board of Directors approved Provisions on insider information and Provisions on information disclosure.
Standard & Poor’s international rating agency assigned the Company a GAMMA 5+ corporate governance rating.
A refurbished TransContainer terminal was opened at Zabaikalsk, on the Russian-Chinese border, becoming Russia’s largest land rail-side freight container terminal.
A regular multi-modal freight container route was launched to deliver timber from Lesosibirsk (Krasnoyarsk Region) to the port of Alexandria (Egypt) via the port of Zapadny in Rostov-on-Don.
The RID-Expert RA consortium assigned the Company a national corporate governance rating of 6, which demonstrates the extent of the corporate governance systems developed at OJSC TransContainer.
The Board of Directors approved the Provisions on its dividend policy.
The Board of Directors approved the Principal Guidelines and Targets for Development of OJSC TransContainer.
OJSC TransContainer took a long-term lease on the Dobra transshipment terminal, located near Cierna and Tisou (Slovakia), close to the border with Ukraine.
The Board of Directors approved the credit policy of OJSC TransContainer.
OJSC TransContainer became a laureate of the Company of the Year, the 10th anniversary prize, in the Logistics and Freight Transportation.
TransContainer received an international credit rating from Fitch Ratings (BB+) and Moody’s Investors Service (Ba2).
The Central Bank of Russia included TransContainer’s bonds series 01 on its Lombard list, acknowledging them as eligible collateral in refinancing operations with commercial banks.
TransContainer exercised the put option in respect of its bonds series 01. The same day TransContainer carried out a secondary bond placement, which was the first public placement on the Russian debt market since the economic crisis of 2008-2009.
TransContainer won an award as one of Russia’s Best Companies at the National Forum of Industrialists and Entrepreneurs. The Company was named Russia’s leading logistics company and won the Dynamics and Efficiency nomination.
TransContainer’s Board of Directors approved the Code of Business Ethics.
TransContainer signed a memorandum on cooperation with Vnesheconombank and Russian Railways on conducting a project to develop international rail transit infrastructure linking Europe and Asia, primarily for the transport of rail freight.
TransContainer opened a bonded warehouse at its container terminal at the Zabaikalsk station, enabling it to offer customs clearance services there.
TransContainer won the Volkswagen Group Award 2009.
TransContainer set up the TransContainer – Slovakia a.s. subsidiary to manage the Dobra terminal, on the border between Ukraine and Slovakia.
TransContainer signed a letter of intent with GEFKO regarding a joint venture to ship PSA Peugeot-Citroen components to a plant in Kaluga and on future cooperation.
The 500th TransContainer train carrying components for the Volkswagen Group Rus plant arrived in Kaluga.
The RID-Expert RA consortium raised TransContainer’s corporate governance rating on the national scale to ‘6+.
International rating agency, Standard & Poor’s, upgraded TransContainer’s GAMMA (Governance, Accountability, Management Metrics, and Analysis) corporate governance rating on the international scale to GAMMA-6.
TransContainer signed agreements with German logistics company DB Schenker to set up a rail container depot in Latvia and to organise container shipments of chemicals between Europe and Russia.
TransContainer General Director Petr Baskakov was named one of the top 1,000 managers in Russia and one of the top three in the Transport category in a rating organised by the Kommersant newspaper and the Association of Russian Managers.
TransContainer continued to expand its geographical presence extending its transport and freight-forwarding services to Armenia. The Company made its first container shipment from Russia to Armenia on behalf of Russian Aluminium.
TransContainer and the China Railway Container Transport Corp signed articles of association in respect of a Russian-Chinese joint venture to carry out international rail freight container shipments.
Following a decision by the MICEX Stock Exchange on November 2, TransContainer’s series 01 bonds were moved from the MICEX ‘B’ list to the ‘A2’ list.
TransContainer signed a memorandum of cooperation with the Kaluga regional government and Green Integrated Logistics to organize ‘open-book’ container shipments (all logistics are fully transparent) for Samsung Electronics.
The first train carrying production components for LG arrived from South Korea at the Dobra terminal, managed by TransContainer’s subsidiary, TransContainer – Slovakia, a.s.
TransContainer implemented its multimodal shipment to the Middle East, dispatching containers by rail from Nigozero in the northwest of Russia to Iran.
TransContainer arranged a long-term credit facility for 1.7 billion rubles with Alfa Bank.
TransContainer’s strategy through 2015 was approved.
TransContainer was named Leader of the Russian Transport and Logistics Sector at the Golden Chariot national awards for the sector.
Accordion: Transcontainer Begins Rail Freight Operations
OJSC TransContainer was formed between 2003 and 2007. Initially a subsidiary of Russian Railways, handling large sections of rail container transportation on behalf of the state, Transcontainer became a separate private entity in 2007.
‘TransContainer (Ministry of Railways) of Russia’ was established as a state enterprise within the Ministry of Railways of the Russian government to operate certain containertransportation assets, including flatcars and rail containers, previously operated by regional state enterprises within the Ministry of Railways.
TransContainer continued to operate as Russian Railways’ container transportation business as a container branch of Russian Railways.
Open Joint Stock Company TransContainer was established as a separate legal entity. Russian Railways contributed certain assets related to rail container transportation, formerly operated by its container branch, to our share capital.
In addition to the assets already operated by the branch, Russian Railways also contributed a network of rail-side container terminals located at 47 railway stations in Russia (with one terminal divested later in 2010) and certain other assets related to the terminal network as well as cash.
To ensure the continuation of business operations, we hired employees previously employed by Russian Railways’ container branch.
Start of OJSC TransContainer operations.
BoD of Russian Railways approved a package of documents on the creation of a subsidiary called OJSC TransContainer.
BoD of Russian Railways approved TransContainer’s privatisation program.
First financial report under IFTS was issued by OJSC TransContainer for the period of 6 months ended 30 June 2007.