– CYPRUS, Limassol – Globaltrans Investment PLC (MOEX: GLTR | LON: GLTR) today announced the appointment of Sergey Foliforov to its Board of Directors,effective on 3 June 2022.
hat the Company held its Extraordinary General Meeting of shareholders on 3 June 2022 under the chairmanship of Mr. Sergey Maltsev, Chairman of the Board.
About Sergey Foliforov
Sergey Foliforov has served on Globaltrans’ subsidiary Boards since 2018 including those of New Forwarding Company, BaltTransServis, GTI Management, and Ural Wagonrepair Company.
Sergey Foliforov has more than 18 years of management experience and has held various positions in several companies with a focus on financial management and analysis.
Sergey Foliforov graduated from Lomonosov Moscow State University and has a Master of Science degree in Physics. He also holds an MBA from the MIRBIS Business School in Moscow.
About Globaltrans Investment
Globaltrans Investment PLC is a leading freight rail transportation group with subsidiary operations across Russia, the CIS, and the Baltic countries.
The Company was founded in 2004 by a group of entrepreneurs who combined their freight rail businesses under the single brand Globaltrans. These founders remain key shareholders of the Group.
Throughout its years of operation, the Company has pursued a prudent investment approach, expanding its fleet both using organic growth and through the acquisition of other rail operators. Globaltrans’ total fleet is currently almost three times larger than it was at the time of the Company’s IPO in 2008.
Due to its vast logistics capabilities, the Group can efficiently manage industrial cargo flows, transporting metallurgical cargoes, oil products, and oil, coal, and construction materials. The Group serves a broad range of clients in Russia and the CIS including some of Russia’s leading companies.
Globaltrans has a total fleet of more than 69 thousand units as of the end of 2021, of which about 94% are owned by the Company. The core of the fleet is universal gondola cars used for a broad range of bulk cargoes (69% of total fleet) and tank cars for transporting oil products and oil (28% of total fleet). Globaltrans also manages its fleet of mainline locomotives with 71 units that mostly provide traction for its block trains.
The Group’s logistics management principally aims to provide reliable services, responding promptly and flexibly to customer needs, while achieving a good level of profitability for the business. The main component of the Group’s centralized logistics system is its single dispatching center that monitors every aspect of Globaltrans’ fleet operation. By effectively managing shipments and routes, Globaltrans ensures high utilization of its fleet and achieves maximum productivity and quality of service.
For more information: https://www.globaltrans.com
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