London Stock Exchange welcomes Globaltrans Celebrating 10 years
Globaltrans Investment PLC, a leading freight rail transportation group with operations in Russia, CIS and Baltic countries, is today celebrating the 10 year anniversary of its Main Market listing on the London Stock Exchange.
Globaltrans was the first transportation group with operations in Russia to have an international listing. The company floated in 2008 and has always maintained its commitment to international standards of corporate governance and transparency of reporting. Currently the free float exceeds 50%.
Over the years the Group has delivered on its clear strategy to drive shareholder value taking an opportunistic return-oriented investment approach backed by prudent capital allocation and conservative financial policies.
To commemorate the occasion, Globaltrans’ Chief Executive, Valery Shpakov, and Chief Financial Officer, Alexander Shenets, opened the market at the London Stock Exchange this morning.
Globaltrans’ Chief Executive, Valery Shpakov, commented: “I am incredibly proud of what the Group has achieved over the past 10 years. Our listing on the London Stock Exchange has provided us with the access to capital that, alongside our strong management team and our clear strategy, has enabled us to grow our fleet, strengthen our market position and build a reputation amongst our clients for industry-leading logistics and quality service. We are grateful to our shareholders for coming with us on this journey and we look forward to continued dialogue with them as we continue to develop and grow our business in the future.”