December 20, 2014 9:56 PM ET

Road and Rail

Company Overview of ZAO NefteTransService

Company Overview

ZAO NefteTransService provides private freight rail transportation services for oil and oil products, metals, metallurgical, and mining companies; and blue-chip portfolio of industrial clients in the Russian Federation and the CIS. It operates gondola railcars, tank railcars, and locomotives; transports coal, iron and manganese ore, ferrous metals, and oil and oil products; produces gondola cars; offers wheel sets repair services; and provides cars on lease. The company was founded in 2006 and is based in Moscow, Russian Federation with subsidiaries and regional offices in the Russian Federation and Kazakhstan. It also has geographic footprint in Cyprus, Moscow, the Far East, Kazakhstan, Kaz...

9, Building. 1B

Varshavskoye shosse

Moscow,  117105

Russia

Founded in 2006

Phone:

7 495 660 4625

Fax:

7 495 660 4627

Key Executives for ZAO NefteTransService

Chief Executive Officer and Director
Age: 37
First Deputy General Director for Economics and Finance
Age: 40
First Deputy General Director for Production and Commercial Operations
Age: 35
Head of The Tank Car Stock Operation's Office
Head of Deputy of Rolling Stock Operation Office
Compensation as of Fiscal Year 2014.

ZAO NefteTransService Key Developments

Rosneft Selects Rail Rolling Stock Operators to Transport its Cargo

Rosneft selected rail rolling stock operators to transport its cargo. Freight One got contracts for RUB 7.7 billion (approximately $232 million). It will transport 70% of cargo from Angarsk, Samara Group of refineries and the Dzemgi station in the Far East. Transoil won contracts for practically the same sum. Its tank wagons will carry 70% of freight from Achinsky refinery, and more than 30% of cargo from Angarsk, including petrochemicals. Neftetransservice won lots for the total sum of RUB 5.37 billion (approximately $161.9 million). It will provide Rosneft with transport services in the Far East.

NTS Interested In RZD's Railcar Business

ZAO NefteTransService (NTS) is seeking to acquire railcar maintenance business and in related subsidiaries of Joint Stock Company Russian Railways. Vadim Aminov, co-owner of NTS said Generally it's of interest and bids by NTS for RZD maintenance subsidiaries would depend on the terms. RZD plans to sell 50% minus two shares in OJSC Railcar Repair Company-1 and at least 75% minus two shares in JSC Railcar Repair Company 2 and JSC Carriage Repair Company-3.

Globaltrans Denies Merger Talks With NefteTransService

Globaltrans Investment Plc (LSE:GLTR) said that it was not in talks with ZAO NefteTransService, denying comments from industry sources that the firms were talking on a merger for the Russian market. Three sources told Reuters on May 24, 2013, that the companies were discussing a merger that would create a business with sales of $2.7 billion and control a 10% of the Russian market. "The Company consistently evaluates opportunities in the Russian rail freight market, however it is currently not engaged in any acquisition discussions with NefteTransService," Globaltrans said in a statement. "The Company emphasizes that its strategy remains to seek out growth both organically and by selective acquisitions," the statement added.

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