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12.12 2012 15:56:45

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Globaltrans to continue with expansion

by Andrey Shenk

In 2013, Globaltrans Investment PLS is set to go ahead with its investment program, which aims to expand its railway car fleet by 7,000 units. Mergers & acquisitions are seen as one of the most effective ways to achieve this end. Aside from railway cars, the company has a chance to boost its market share by taking over the client base of a company that is up for sale, as was previously the case with Metallinvesttrans, which was purchased for USD 540 million last May. The fleet may also be enlarged through the purchases of new railway cars from CIS manufacturers, given that the redundant capacity has driven railway car prices down.

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