Globaltrans to establish Ukrainian subsidiary
Railway Gazette International: 16 Jul 2008
UKRAINE: On July 15 the board of Russian private freight operator Globaltrans approved the creation of a Ukrainian subsidiary.
Globaltrans is the second biggest freight operator in Russia.
'In line with the growth strategy we presented during our recent IPO, we believe that Ukraine provides significant current and future opportunities', said Globaltrans CEO Sergey Maltsev. 'We intend to focus on the gondola car segment and to provide competitive and customer-focused transportation services, primarily to large companies operating in the steel, iron ore and coking coal sectors.'