Innovation Partnership Independence · PDF fileMarket position Globaltrans is a ... Severstal...

Innovation Partnership Independence Performance

2 Globaltrans Globaltrans 01

Contents02 Group Overview04 Group Structure08 Highlights10 Efficient Logistics12 Customers13 Competitive Edge14 Group Strategy14 Social Responsibility15 Market Overview16 Contacts

Globaltrans is Russia’s leading private freight rail group.


Globaltrans is a leading private freight rail transportation group with operations in Russia, the CIS and the Baltics.

Globaltrans became the first freight rail transportation group in Russia to go public on an international stock exchange. Globaltrans’ global depositary receipts have been listed on the main market of the London Stock Exchange since May 2008.

Globaltrans was formed in 2004 as a private project. Since its inception, the Group has efficiently implemented its opportunistic expansion strategy by acquiring new rolling stock and successfully completing M&A transactions. In 2012–2013 Globaltrans acquired captive operators Ferrotrans (until 2012 – Metalloinvesttrans) and Steeltrans (until 2013 – MMK-Trans).

The combination of its sizeable and modern rolling stock fleet and efficient management enables the Group to provide a complete range of high quality transportation services to its customers and make the most proficient use of its rolling stock.

Group Overview

Globaltrans 0504 Globaltrans

Globaltrans Investment PLC

LLC BaltTransServis(Russia)

OJSC New ForwardingCompany (Russia)

LLCSevtekhnotrans (Russia)

LLC Ferrotrans (Russia)

LLCSteeltrans (Russia)

AS Spacecom (Estonia)

AS Spacecom Trans (Estonia)

LLCUkrainian New ForwardingCompany (Ukraine)

OJSC New Forwarding Company is one of the leading Russian freight rail operators. The company focuses on metallurgical and coal cargoes, construction materials. It is also engaged in the rail transportation of oil products and oil. New Forwarding Company operates a 24/7 dispatcher centre that allows the tracking of the movement of customers’ cargo at all transportation stages and its own logistics centre which automatically calculates the most efficient route and the cost of cargo delivery.

LLC BaltTransServis is one of the leading Russian freight rail operators of tank cars, specialising in the shipping of oil products and oil, notably fuel oil, diesel and gasoline, as well as providing logistics services to shipping terminals. BaltTransServis operates the majority of Globaltrans’ locomotives. The company owns a railcar repair depot in Ivanovo.

LCC Sevtekhnotrans is engaged in rolling stock leasing services, mainly to other companies within the Group, as well as in freight forwarding services.

LLC Ferrotrans (formerly LLC Metalloinvesttrans) focuses on iron ore and other metallurgical cargo transportation.

LLC Steeltrans (formerly LLC MMK-Trans) provides transportation services for metallurgical cargoes and coal. The company also renders rolling stock repair services through its subsidiary, LLC Urals Wagon Repair Company.

AS Spacecom and AS Spacecom Trans are Estonia-registered companies engaged in rail tank car leasing business in CIS countries.

LLC Ukrainian New Forwarding Company is the Group’s Ukrainian subsidiary, which provides freight rail transportation and certain ancillary services in Ukraine.

Group Structure

The Group includes the leading railway companies.


Today the rolling stock fleet of Globaltrans is about 66,000 units, with their own fleet accounting for about 93% or 61,000 rolling stock units.

In 2013 Globaltrans’ freight turnover amounted to 155.5 billion tonnes-km1.

1. Including Engaged Fleet


Fleet ageGlobaltrans’ rolling stock fleet is among the most modern in the industry. As of the end of 2013 the average age of the Group’s own fleet was approximately eight years.

Globaltrans’ market share* of the freight rail market

2009 4.8%

2010 5.3%

2011 5.6%

2012 6.6%

2013 8.3%

* Including Engaged FleetSource: Globaltrans, Rosstat

Globaltrans’ market share* by type of freight, 2013

Metallurgical cargoes (including ferrous metals, scrap metal and ores)

23%

Oil products and oil

10%

Coal (including coke)

3%

Construction materials (including cement)

5%

* Including Engaged FleetSource: Globaltrans, Rosstat

Market positionGlobaltrans is a rapidly growing company. In the last five years the Group significantly increased its market share of the freight rail market from 4.8%2 in 2009 to 8.3%3 in 2013.

In 2013 the Group companies carried 23% of domestic metallurgical cargo and about one tenth of Russia’s oil products and oil.

65,808 units of rolling stock in total

Globaltrans fleet

Highlights

Cargo mixGlobaltrans has a diversified freight base with a focus on key industrial cargoes.

2. Including Engaged Fleet 3. Including Engaged Fleet

70,000

60,000

50,000

40,000

30,000

20,000

10,000

0

3%

Total fleet structure*

65,808 units

(40,628) Gondola cars

(23,212) Rail tank cars

(1,968) Other

* As of 31 December 2013. Source: Globaltrans

Growth of own fleet (number of units)

32,384

2010 2011 2012 20132009

38,173 39,910

58,50161,124

Source: Globaltrans

Globaltrans’ freight turnover* by type of freight, 2013

155.5 billiontonnes-km

Metallurgical cargoes (including ferrous metal, scrap metal and iron ore)




Other cargoes

* Including Engaged Fleet Source: Globaltrans

62%

35%

56%

15%

17%

7% 5%

2009

46%

2013

38%


NovorossiyskExport

Zolsky

Kiltchug

Bazaikha

Belovo

Moscow

Novy PortExport

Kamennogorsk

VladivostokExport

NovolesnayaExport

Trubnaya

Zheleznogorsk

Novotroitsk

Ekaterinburg

Vorontsovka

ZabaykalskExport

LenaVostochnaja

Korshunikha

Smychka

Export

Magnitogorsk

Metallurgicheskaya

Novokuznetsk

Efficient Logistics (key gondola car routes)

Key to gondola car routes

Empty runs Coal Metals Iron ore Pipes Crushed stone Globaltrans client cargo bases Metalloinvest cargo bases MMK cargo bases

40,628gondola cars in

total fleet in 2013

50%

40%

30%

20%

10%

0

The Empty Run Ratio for gondola cars in 2013 was 38%.

Source: Globaltrans

2010

42%

2011

41%

2012

38%

Globaltrans’ innovative approach to logistics ensures reliable, timely and guaranteed transportation for cargo owners and offers our customers efficient logistics solutions.


Customers

Globaltrans’ customers include leading Russian businesses. The Group’s broad customer base includes major industrial companies operating in various sectors. The Group’s customers include over 650 companies.

The Group has long term partnership contracts with major Russian steel companies, such as Metalloinvest and MMK, covering most of their rail transportation needs. Globaltrans has committed to carry 100% of Metalloinvest’s cargoes until 2016 and at least 70% of MMK’s cargoes until 2018.

Competitive Edge

The competence of the Group’s employees is one of the key drivers of its success.

> Wide geography of operations across Russia and CIS countries

> Advanced logistics

> Efficient routes

> Highly qualified personnel

> Flexible marketing policy

> Large and modern rolling stock fleet

> Long-term partnerships with large cargo owners

> State-of-the-art operating processes

> Impeccable quality of services

Our key customers are: Highly qualified personnel combined with unique industry insights and the vast management experience of its top executives enable the Group to achieve outstanding performance.

The multi-layer recruitment, training and advanced training system contributes to formation of the Group’s team of professionals.

RN Holding (Former TNK-BP)

MMK

Metalloinvest

Evraz

Gazpromneft

Lukoil

Rosneft

Severstal

Mechel

TMK


Russian freight turnover by means of transport(excluding pipeline traffic), 2013

2,570 billiontonnes-km

Railway

Road

Marine

Air

Overall Russian freight rail volumesby type of freight, 2013



Metallurgical cargoes (including ferrous metal, scrap metal and iron ore)


Other

1,237 milliontonnes

26%

20%

18%

17%

20%

85%

10% 5%

Group Strategy

Key principles

0.2%

Independence Enhancing the status of an independent group capable of rendering ultra-high quality freight transportation services to its customers

Innovations Combination of innovative approach and experience in logistics, technology and planning

Flexible growth Expansion through combination of organic growth and strategic M&A

Partnership Building long-term and mutually beneficial cooperation with customers

Operating excellence Continued improvement of operations

Source: Rosstat Source: Rosstat

Social Responsibility

Globaltrans strives to ensure the sustainable and continuous development of its business with a strong focus on social responsibility. The Group’s top priorities include achieving an efficient human resources policy and enabling the professional and personal development of its personnel.

Market Overview

Railway is the backbone of Russia’s freight transport system. There are over 86,000 kilometres of railway across the country.

Excluding pipeline systems, the rail transport in Russia accounts for about 85% of the nation’s freight turnover.

The Russian railways carry approximately 1.2 billion tonnes of cargo every year.

85%of Russian freight turnover is carried

by rail transport


Globaltrans Investment PLC Office 201, 4 Profiti Ilia Street 4046 Germasogeias, Limassol, Cyprus

Phone: +357 25 503 153 Fax: +357 25 503 155 E-mail: [email protected] www.globaltrans.com

New Forwarding Company OJSC Russia, 105082, Moscow Spartakovskaya pl., 16/15, bldg. 6

Phone: +7 (495) 788 0575 Fax: +7 (495) 788 0573 E-mail: [email protected] www.npktrans.ru

BaltTransServis LLC Russia, 191015, Saint Petersburg Tverskaya ul., 1A

Phone: +7 (812) 326 5010 Fax: +7 (812) 326 5011 E-mail: [email protected]

Sevtekhnotrans LLC Russia, 123317, Moscow Testovskaya ul.,10 “Northern Tower” Business Centre, Entrance 1

Phone: +7 (495) 225 2727 Fax: +7 (495) 225 2727, ext. 3140 E-mail: [email protected]

Steeltrans LLC Moscow, 105082, Russia Spartakovskaya pl., 16, bldg. 5


Ferrotrans LLC Moscow, 105082, Russia Spartakovskaya pl., 16/15, bldg. 1


AS Spacecom Estonia, 13522 Tallinn MÕISA 4

Phone: + 372 6 788 240 Fax: + 372 6 788 246 E-mail: [email protected] www.spacecom.ee

Contacts

Photos provided by Globaltrans and Russian Railways.

www.globaltrans.com

Innovation Partnership Independence · PDF fileMarket position Globaltrans is a ... Severstal...

Documents

Transcript of Innovation Partnership Independence · PDF fileMarket position Globaltrans is a ... Severstal...