Transcontainer, PJSC

PJSC "TransContainer" - a subsidiary of JSC "United Transport and Logistics Company" (OTLC), established by JSC "Russian Railways," JSC "Kazakhstan Temir Zholy" and the Belarusian Railway - was registered on March 4, 2006 on the basis of the branch of Russian Railways - Center for the transportation of goods in containers "TransContainer." The Company began its business activities on July 1, 2006.

PJSC TransContainer is a Russian container operator that has 46 own terminals in all cargo-forming centers of Russia, as well as 19 railway terminals in Kazakhstan (through the joint company JSC Kedentransservice, the leading private operator of a network of railway terminals in the Republic of Kazakhstan), and operates the Dobra container terminal located on the border of Slovakia and Ukraine. The Company's sales network includes about 130 sales offices in Russia, with presence in the CIS, Europe and Asia. In addition, the Company is the largest owner of a fleet of specialized rolling stock in Russia, the CIS and the Baltic countries: it owns about 27 thousand fitting platforms and about 64 thousand large-tonnage containers.

Shares of PJSC TransContainer are traded on the Moscow Exchange. Depositary receipts for the Company's shares are traded on the London Stock Exchange.

50% plus 2 shares of TransContainer belong to OTLC, controlled by Russian Railways. 11.2% of the shares were owned by Transfingrup Management Company NPF Blagosostoyanie. 24.17% of FESCO, controlled by Summa group Ziyavudin Magomedov.

In the spring of 2016, the EBRD withdrew from the capital of Transcontainer, selling its stake to NPF Blagosostoyanie, Kommersant writes. The EBRD clarified that the entire package was sold - 9.24%. The total amount of the transaction is 2.75 billion rubles, the share price is 2.39 thousand rubles, which gives a premium of about 15% to the average value of the paper for six months.

Earlier, Transcontainer was considered as a key asset of OTLC, which was supposed to become the largest container operator in Russia, Belarus and Kazakhstan, also combining container and terminal assets of Belarusian and Kazakh railways. But after the change of the head of Russian Railways, the consolidation of OTLK stalled, and in January, Russian Railways President Oleg Belozerov announced that the monopoly had agreed with Kazakhstan Temir Zholy to change the format of OTLK. The joint venture will continue to exist in a "lightweight" format, assets will not be contributed to it, and Russian Railways will take Transcontainer and Russian Railways-Logistics from it. According to some estimates, it may take about a year to take Transcontainer outside the BTLC.

The EBRD explained that the sale is related to the bank's investment policy, which involves entering the company's capital for a certain period and then leaving it. The company clarified that the investment horizon is relatively short - five to seven years. The NPF Blagosostoyanie added that the company is seriously undervalued, moreover, now the fund will receive another place on the board of directors, which will give it a qualified majority together with Russian Railways. At the same time, it is not specified what money the NPF used to buy securities - pension reserves or own funds.

History

2023: Appointment of Mikhail Kontserev as CEO

In November 2023, Mikhail Kontserev headed PJSC TransContainer"," which is the largest container operator Russia and is part of the "" group. Business In the position of the general director of the company, he replaced instead. Vitaly Evdokimenko More. here

2022: Appointment of Vitaly Evdokimenko as President of TransContainer

At the end of September 2022, TransContainer announced the appointment of Vitaly Evdokimenko as the new president of the company. In this post, he replaced Alexander Isurin. Read more here.