Globaltrans was formed in 2004 as a merger of two entrepreneur-led companies and from these roots has grown to become one of the leading freight rail transportation groups in Russia and the CIS. Through strong organic growth and the prudent acquisition of both railcars and other freight rail businesses, we have created a profitable company with best-in-class capabilities.
Our commitment to transparency and good corporate governance led us to become the first freight rail group focused on Russia to list on an international stock exchange. Since Initial Public Offering (IPO) on the London Stock Exchange in 2008, we have continuously focused on value creation and growth and today operate a fleet almost three times the size of that which we had at our IPO.
Operating through subsidiaries in Russia, the CIS and the Baltic states, Globaltrans’ Total Fleet exceeds 69,000 units and services more than 500 industrial customers in metals and mining, oil products and oil and construction industries.
>15 years of market leadership and growth
In February 2022, the Group increased its stakeholding to 100% from 60% by acquiring the 40% minority stake in BaltTransServis.
The Board of Directors has approved establishment of an ESG Committee that will assist the Board in considering and overseeing ESG issues relevant to the Group's business.
Globaltrans' GDRs were included in the MSCI Russia Small Cap Index on May 28th 2021.
Globaltrans sold its 60% stake in SyntezRail (a small non-core specialised container operator) in October 2021.
Globaltrans GDRs (ISIN US37949E2046) began trading on the Moscow Exchange (“MOEX”) on 28 October 2020. The GDRs have ticker symbol GLTR and are included in Level One, MOEX’s highest quotation list.
The Group has extended its service contract with MMK for a further two years with the contract now valid to the end of September 2024. The service contract with Metalloinvest was extended for a further one-year period to the end of 2021.
The Group extended its service contracts with MMK (to end September 2022) and with Metalloinvest (to end 2020), continuing its strategy of developing long-term client partnerships.
Globaltrans was awarded “Most Honored Company” in the Institutional Investor 2019 Emerging EMEA Executive Team Ranking.
New three-year service contract (to end June 2022) signed with Gazprom Neft, a long-standing client of the Group.
New service for the steel industry launched, transporting high-quality, rolled steel in specialised containers.
Long-term partnership with MMK extended for an additional 18 months (until end of September 2020).
Two new five-year contracts signed with TMK, a leading global manufacturer and supplier of steel pipes for the oil and gas industry, and ChelPipe Group, a leading Russian manufacturer of pipe products and provider of integrated solutions for fuel and energy companies.
Globaltrans celebrates 10th anniversary of its Main Market listing on the London Stock Exchange.
Viability of innovative long-term service contracts confirmed. The Group successfully extends its long-term partnerships with Rosneft for five years and with Metalloinvest for three years.
Commence freight rail transportation of petrochemicals in tank containers on flat cars; creation of a special subsidiary SyntezRail together with partners.
Simplification and optimisation of corporate structure with Group subsidiaries Ferrotrans and Sevtekhnotrans merged into GTI Management and Steeltrans integrated into New Forwarding Company.
Acquisition of MMK-Trans (renamed Steeltrans), the captive freight rail operator of MMK Group, a leading Russian metals company and one of the world's largest steel producers.
Globaltrans enters into a long-term service contract with MMK, covering at least 70% of the client’s freight rail transportation needs.
A single 24/7 gondola dispatching center is created
Acquisition of Metalloinvesttrans (renamed Ferrotrans), the captive freight rail transportation operator of Metalloinvest, a leading producer of hot briquetted iron, iron ore products and high quality steel.
Globaltrans introduces the concept of long-term service contracts signing the first such agreement with Metalloinvest which covered 100% of this client’s freight rail transportation needs.
Successful follow-on offering of GDRs generating gross primary proceeds of approximately USD 400 million, used to create flexibility to capitalise on further opportunities in the Russian freight rail market.
Active expansion of the business - purchases of new rolling stock and the expansion of leased-in fleet.
Secondary offering of GDRs (SPO), generating approximately USD 100 million in gross primary proceeds to fund further expansion.
The Group increased its presence in the transportation of oil products and oil for Russian oil majors with the purchase of an effective 50% stake in BaltTransServis (increased to 60% in 2011).
The initial public offering (IPO) and listing of GDRs on the London Stock Exchange’s Main Market (free float of about 30%). USD 225 million in gross primary proceeds were largely used to fund the capital expenditure program and expand the fleet.
Ukrainian subsidiary (Ukrainian New Forwarding Company) created. Majority stakes in two Estonian-registered subsidiaries (Spacecom and Spacecom Trans) acquired increasing the Group’s presence in the oil products and oil transportation markets in the CIS.
Established in Cyprus as a merger of two entrepreneur-led companies