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Novotrans Own Rolling Stock Exceeded 51%

Logistic News - Published on Fri, 26 Jun 2020

Image Source: Novotrans
In June, the Novotrans group of companies increased the share of its own railcars in the total fleet to 51.4%, having bought 2545 open wagons from leasing. as a result of transactions with Alfa-Leasing LLC and Intergroup LLC, Novotrans increased the share of its own rolling stock in the holding’s total fleet by 10.1%. Currently, out of 25,136 gondola cars, 12920 are owned by Novotrans Holding Company JSC, 11,701 wagons are leased, and the remaining 515 wagons are leased.

In December last year, Novotrans bought 6,275 open wagons from leasing from banking institutions. In February of the current holding, another 1,113 units of rolling stock were acquired. All transactions were completed, including due to the successful placement in the beginning of December 2019 of the debut issue of holding bonds in the amount of 6 billion rubles on the Moscow stock exchange.

The average age of the holding park does not exceed 10 years. Service and maintenance of all cars are held at Novotrans own car repair plants in the Altai Territory, Kemerovo, Moscow and Irkutsk Regions.

Source :

Posted By : Yogender Pancholi on Fri, 26 Jun 2020
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