Globaltrans extended negotiations with Metalloinvest, MMK and Rosneft

​The agreement with Metalloinvest was extended for the additional 19 months, until the end of 2016, with MMK – for the additional 12 months, until the end of 2019, with Rosneft – reconsidered and extended until the end of 2016.

Globaltrans Group in 2014 extended the negotiations with Metalloinvest, MMK and Rosneft, the company reports on the results of publishing its IAS report.

“The key service contracts were successfully extended in 2014, on the results of the year over 605 of the group’s net revenue from operations was provided by the long-term service contracts”, is reported.

Globaltrans transports metals, oil and oil products, coal and construction materials. The company’s shares are listed on the LSE. 54.5% of shares are in free circulation, N. Mishim, K. Nikolayev and A. Filatov hold 11.5% each via their special companies, the CEO of the operator S. Maltsev, 5.4%, non-executive director, A. Eliseev – 6.3%. The total park of the group is 65 thousand wagons and 75 locomotives.

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