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Home Page / Media Centre / Company News / Brunswick Rail signed a lease agreement with LLC Transgroup AS for 30 box cars indented for light vehicle transportation

Brunswick Rail signed a lease agreement with LLC Transgroup AS for 30 box cars indented for light vehicle transportation

Atáthe end ofáDecember 2006áLLC ôBrusnwick Rail Leasingö (ôBRLö) and LLC "Transgroup ASôsigned financial lease agreement for 30ábox cars indented for light vehicle transportation. Lease term isá12.5áyears, rail cars supplier isáJSCáAltayvagon. BRL plans toádeliver wagons toálessee ináJanuary-February 2007.

Vladimir Lelekov, General Director ofáBRL, commented upon signing: ôWeáconsider Transgroup ASáasáour strategic partner. Lease agreement for 30árailcars leads off aábase for our long term cooperation. Weáare currently working onápreparation ofánew deliveries toáTransgroup ASáand consider opportunities toálease other railcars typesö.

Transgroup ASáisáinátop 3áRussian companies based onáfreight shipment volume. There are over 9500 railcars under company management control. OnáJanuaryá17, 2007áLLC ôTransgroupáASö and JSC ôRZDö signed agreement onáfoundation ofájoint venture company JSC ôRailTransAutoö for light vehicles transportation where RZD share inástake isá51%.

Brunswick Rail Leasing (BRL) was established iná2004. Brunswick Group, Sumitomo Corporation and IFC/World Bank are the shareholders ináthe company. Being aábroad-based provider ofáleasing services ináthe freight railroad fleet market, BRL offers operating and finance leases and lease-back ofáfreight rolling stock Today, BRLáis the leading, independent, private leasing company ináthe rolling stock market ináRussia. Iná2005áBRL invested over USD 130 mln inápurchasing railcars and ináMarch 2006 attracted aásyndicated loan ofáUSD 350 mln for further financing ofáits operations ináthe Russian market. Currently, BRLĺs diversified fleet comprises over 4,000árailcars.

For details please contact:
Anastasiya Patrusheva +7 (495) 783-67-00;
apatrusheva@brunswickrail.com