At the end of December 2006 LLC “Brusnwick Rail Leasing” (“BRL”) and LLC "Transgroup AS“signed financial lease agreement for 30 box cars indented for light vehicle transportation. Lease term is 12.5 years, rail cars supplier is JSC Altayvagon. BRL plans to deliver wagons to lessee in January-February 2007.
Vladimir Lelekov, General Director of BRL, commented upon signing: “We consider Transgroup AS as our strategic partner. Lease agreement for 30 railcars leads off a base for our long term cooperation. We are currently working on preparation of new deliveries to Transgroup AS and consider opportunities to lease other railcars types”.
Transgroup AS is in top 3 Russian companies based on freight shipment volume. There are over 9500 railcars under company management control. On January 17, 2007 LLC “Transgroup AS” and JSC “RZD” signed agreement on foundation of joint venture company JSC “RailTransAuto” for light vehicles transportation where RZD share in stake is 51%.
Brunswick Rail Leasing (BRL) was established in 2004. Brunswick Group, Sumitomo Corporation and IFC/World Bank are the shareholders in the company. Being a broad-based provider of leasing services in the freight railroad fleet market, BRL offers operating and finance leases and lease-back of freight rolling stock Today, BRL is the leading, independent, private leasing company in the rolling stock market in Russia. In 2005 BRL invested over USD 130 mln in purchasing railcars and in March 2006 attracted a syndicated loan of USD 350 mln for further financing of its operations in the Russian market. Currently, BRL’s diversified fleet comprises over 4,000 railcars.
For details please contact:
Anastasiya Patrusheva +7 (495) 783-67-00;