NefteTransService NTS

NTS is one of the private railway operators. NTS is the fourth rolling stock operator in the gondola and gasoline tank segment and has more than 54 thousand PS units. The company covers 35 regional divisions in Russia and Kazakhstan. This allows NefteTransService to transport about 8.5 million tons of cargo in Russia and the CIS every month.

History

2023

Neftetransservice sold to SUEK-related entities

At the end of December 2023, it became known about the sale of Neftetransservice (NTS) related SUEK to structures. The buyer of the third largest railway operator was the closed mutual investment fund (ZPIF) under the management of the Kinetic Capital company in this area.

According to Kommersant, formally ZPIF is affiliated with SUEK - according to the SPARK-Interfax system, 100% belongs to Vadim Solomakhin). However, Kinetic Capital received a loan from SUEK, one of the newspaper's sources said.

Third largest railway operator Neftetransservice sold to SUEK-related entities

Negotiations on this deal were held for several months. One of the sources of the publication noted that the shareholders of Neftetransservice offered the asset to different companies. The deal was closed on December 21, 2023. According to Kommersant, the deal amounted to 50 billion rubles, plus debt coverage of 100 billion rubles.

According to the head of Infoline-Analytics Mikhail Burmistrov, the minimum cost of the NTS business is 120 billion rubles minus debt. Only the park, taking into account current prices in the secondary market, is estimated at at least 150 billion rubles, the analyst noted. Burmistrov clarified that NTS owns 37,600 tanks and 25,400 gondola cars, taking into account financial leasing. The average age of a tank fleet is 18 years (with a service life of 32 years), gondola cars - 10.6 years (for a typical fleet - 22 years). According to the expert, this is a good deal for SUEK. 

According to experts interviewed by the newspaper , after the deal, gondola cars owned by the NTS will be transferred to the National Transport Company, the transport operator SUEK and  Eurochem, and the tanks will be sold. By the end of 2023, it is easier to buy used rolling stock than to wait for the production of new cars, given the workload of Russian factories, their producers, as well as high prices, market participants say.^[1]

Tank car buyback amid shortages

As it became known on February 3, 2023, the three largest oil fleet operators in Russia bought 22 thousand tanks amid their shortage. We are talking about Transoil, Neftetransservice (NTS) and RailGo, which previously rented tanks from Atlanta and Brunswick Rail. Read more here.

2022: Creation of IT subsidiary Umno.digital

A subsidiary of NefteTransService became, Umno.digital offering smart digital solutions for industrial enterprises, railway transport industries and in general. UMNO.digital announced this on November 25, 2022. More. here