SG trance

Open Joint Stock Company SG-trans is a transport company that plays an important role in the development of fuel and energy and petrochemical complexes and the economy Russia as a whole.

OJSC SG-trans provides transportation of liquefied hydrocarbon gases and light hydrocarbon raw materials in railway tanks both for domestic consumption and for export, ensuring the export of raw materials and gas products from oil and gas processing plants, as well as petrochemicals of Russia and the CIS countries to provide liquefied gases to the population, industry and vehicles.

History

2023

Possible participation in the transaction for the acquisition of PGK

In early November 2023, it became known about the change of ownership of the First Freight Company. One of the largest railway operators was bought by Aurora Invest.

Aurora Invest JSC was registered in December 2022 in Moscow at 22 Akademika Pilyugin Street. The same address, as noted by RBC, is indicated as the central office of SG-Trans. The general director of the JSC until August was Yulia Tersaakova, then Elena Tchaikovskaya replaced her at the post. Tersaakova also heads Vector Rail, which owns SG-Trans. Read more here.

Change of shareholders

On August 7, 2023, it became known that the main shareholders of the largest operator of railway transportation of liquefied petroleum gases "SG-Trans" Alexey Tycher and Sergey Smyslov leave the capital of the company.

According to the Kommersant newspaper, as of the beginning of August 2023, 100% of SG-Trans belongs to Vector Rail JSC. According to the company, disclosed in preparation for the issue of bonds in 2021, in Vector Rail, Tycher and Smyslov had 58.25% of shares for two. In the future, their total share increased to 63%.

Alexey Tycher and Sergey Smyslov leave the capital of SG-Trans

Under the terms of the agreement, the securities of the main shareholders of SG-Trans were bought out by other members of Vector Rail joint-stock company - brothers Timur and Ruslan Babaev, as well as two top managers of SG-Trans and investment funds. At the same time, neither the amount of the transaction nor the shares of the new owners of the structure are disclosed.

A source close to Vector Rail notes that Tycher intends to focus on the projects of the Transfin-M group, which he controls. In addition, the businessman plans to develop new logistics assets. Transfin-M is engaged in leasing rolling stock, as well as ships, vehicles and aircraft.

The head of Infoline Analytics, Mikhail Burmistrov, notes that the situation on the rolling stock market for the transportation of liquefied hydrocarbon gases and petrochemical products, where SG-Trans has strengthened its leading position since 2012, is very positive. Therefore, the time for secession from SG-Trans by Tycher and Smyslov was chosen very successfully. The cost of the business increased following an increase in efficiency, revenue and EBITDA, and long-term contracts with SIBUR, Rosneft, Gazprom Neft and LUKOIL guarantee buyers the necessary cash flows to pay off debt on attracted financing.^[1]

1959-1984

The history of the company began in 1959, when Glavgaz of the USSR created the Soyuzgaz State Union Trust, which was engaged in the reception, storage, transportation and distribution to consumers of liquefied hydrocarbon gases (LPG) and light hydrocarbon raw materials (LUS). The Company designed, built and commissioned liquefied gas transportation branches and storage facilities.

In 1974, the trust was transformed into the Tsentrgaz Production Association for the transportation and supply of liquefied gases. By this time, there are 25 branches in its structure.

In 1981, Tsentrgaz reorganized again, forming the All-Union Industrial Association for the production and supply of the national economy with fuel gases - Soyuzgazprom of the Ministry of Gas Industry.

In 1984, a production association for the operation of Mosavtogaz automobile gas filling compressor stations appeared in its structure. The company begins to create a network of such stations in Moscow and the Moscow region.

1988-1997

In 1988, HPE Soyuzgazprom was transformed into the Soyuzgaz Production Association for Providing the National Economy with Liquefied Gases and a year later it was part of the state gas concern Gazprom.

In 1992, Soyuzgaz was transformed again. This time - to the Russian state enterprise for the purchase, transport and sale of liquefied hydrocarbon gases "SG-trans." The company becomes a member of the World Association for Liquefied Gases.

In 1997, the company was again renamed - into the state unitary enterprise for the purchase, transport and sale of liquefied hydrocarbon gases "SG-trans." Two years later, it gains federal status, changes its name again, and becomes the Federal State Unitary Enterprise.

For the next 14 years, the company has been improving the systems for providing consumers with liquefied gas, developing and introducing new generations of railway tanks, developing a network of AGZS and mono-fuel refueling complexes, participating in the creation of the first marine terminal for LPG transshipment on the Black Sea coast, and creating new gas storage and sale facilities in southern Russia.

2004-2012

In 2004, SG-trans underwent corporatization and received a modern name and organizational and legal form - Open Joint Stock Company SG-trans.

In 2012, as a result of privatization, the company becomes private - 100% of the shares of SG-trans OJSC were acquired by OJSC. AFK Sistema

2013-2014

In 2013, SG-Trading OJSC was allocated from the company. The new company took up the wholesale and retail sale of LPG, including 12 LPG storage bases and 64 automobile gas filling stations. It was decided that SG-Trans OJSC in its activities will focus on the provision of railway transportation services and related services. In the same year, CJSC Financial Alliance (owned by AFK Sistema and Unirail Holdings Limited) acquired a 100% stake in Bashneft-trans LLC, the logistics company ANK. " Bashneft Later, CJSC Financial Alliance joined SG-trans OJSC. As a result, the assets of CJSC Financial Alliance, OOO Bashneft-trans and OAO SG-trans were merged under the SG-trans brand.

In 2014, the deal to reorganize the business was closed. Shares of the company are owned on a parity basis by AFK Sistema OJSC and Unirail Holdings LTD. OJSC SG-trans, the leader in the LPG transportation market, plans to further expand its presence in the railway freight sector by increasing the volume of gas and oil cargo transportation, expanding the range of transported goods, and improving the quality of services provided.

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