Globaltrans expects better results in 2012

Russian freight transport operator Globaltrans announced that this year’s financial perspectives are optimistic after a strong start in the first part of the year.

The company also said that its annual profit increased 40% last year to USD 317.2 Million (EUR 242.5 Million), ahead of expectations.

The company has also lowered net debt by 32% to USD 258.4 Million (EUR 197.5 Million).
“Globaltrans is well-positioned to continue its profitable growth,” chief executive Sergei Maltsev said in a statement.

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