New Forwarding Company, OJSC

OJSC New Forwarding Company ("NFC") is one of Russia’s leading freight rail operators specialising in the rail transportation of various bulk cargoes, including metallurgical cargoes, coal, construction materials, and oil products and oil. New Forwarding Company is Globaltrans’ key operating centre of gondola cars.

Sevtekhnotrans, OOO

OOO Sevtekhnotrans is another Russian subsidiary of Globaltrans. Sevtekhnotrans is mainly engaged in freight forwarding and rolling stock leasing services.

Ukrainian New Forwarding Company, LLC

Ukrainian New Forwarding Company LLC ("UNFC") is a Ukrainian subsidiary of Globaltrans which provides freight rail transportation and certain ancillary services to Ukrainian companies and, in addition, facilitates the process of finding return freight cargoes for railcars returning from Ukrainian destinations.

AS Spacecom and AS Spacecom Trans

AS Spacecom and AS Spacecom Trans are Estonia registered companies engaged in the rail tank car leasing business in the CIS countries. In December 2008, the Group acquired 61% of Spacecom and 65% of Spacecom Trans (formerly Intopex Trans). Subsequently, the Group increased its stake in Spacecom by 4.25%, taking its total interest to 65.25%.

BaltTransServis, LLC

LLC BaltTransServis ("BTS") is one of Russia’s leading freight rail operators of rail tank cars, specialising in shipping oil products and oil, notably fuel oil, diesel and gasoline, and provision of various logistics services and distribution to shipping terminals. BaltTransServis operates through its headquarters in Saint Petersburg, and has one branch and eight representative offices across Russia. In December 2009, the Group acquired an effective 50% interest in BTS and, subsequently, increased its total economic interest to 60%.