Transoil will share one third of the Russian hydrocarbons transporting market
Edited by Rhod Mackenzie / 2014-06-23 11:14:18
The railway company Transoil engaged with oil cargoes transport is going to diversify its business. Now the transporter shares 24% of the profile Russian market. By 2020, Transoil is going to enlarge the share in the market to 30%, to double profitability, and to increase EBITDA by 15. The ratio of debt to EBITDA should be 1.5-2.5, the Chairman of the Board of Directors I. Romashov says. Now cargoes transporting shares 96% in profit of Transoil
