18 Feb 2020 12:00
18 February 2020
PJSC TransContainer
FOR IMMEDIATE RELEASE
Notice of decisions of the Board of Directors and appointment of new CEO
PJSC TransContainer ("TransContainer" or the "Company") (LSE: TRCN; MOEX: TRCN) announces today that, on 14 February 2020, its Board of Directors adopted the following decisions:
1. To terminate authorities of Vyacheslav Saraev as Chief Executive Officer of the Company; and
2. To appoint Victor Markov as CEO of PJSC TransContainer.
Mr. Markov assumed his role as Chief Executive Officer and joined the Company's Board of Directors on 15 February 2020.
Victor Markov has been serving as Deputy General Director - Director for Legal Issues, Member of the Executive Board of PJSC TransContainer since June 2006. Prior to that, between 2003 and 2006, he held the position of First Deputy Head of the Legal Directorate of OJSC Russian Railways. Mr. Markov has worked in the Russian Ministry of Railway Transport for over eight years. From 1995 to 2000, Victor worked in the Department of Legal Due Diligence and Preparation of Legal Acts of the Legal Administration. In 2000, he served as Head of the Department of Legal Support for Relations with the Federal Assembly and Reforms of the railway transportation of the Legal Directorate of the Russian Ministry of Railway Transport. From 2002 to 2003, he was Deputy Head of the Legal Directorate of the Russian Ministry of Railway Transport, Head of the Department of Legal Support for Relations with the Federal Assembly and Reforms of the railway transportation. Mr. Markov graduated from the Gubkin State Academy of Oil and Gas with a Law degree in 1998.
Enquiries:
TransContainer |
|
Ekaterina Varenova Press - Secretary | +7 495 788 1717 ext. 1070 |
VarenovaEP@trcont.ru | |
Website | www.trcont.com
|
Instinctif Partners |
|
Galyna Kulachek | +44 (0) 20 7866 7850 |
About TransContainer
PJSC TransContainer (LSE: TRCN; MOEX: TRCN) is the leading intermodal container transportation company in Russia with a market share of approximately 42%. It is the market leader in Russia by flatcar fleet size, container transportation by rail and rail-side container terminal throughput. As at 30 September 2019, it owned and leased more than 28,000 flatcars and more than 75,000 ISO containers. TransContainer owns a network of rail-side container terminals, located at 38 railway stations across Russia. The Company's joint ventures also operate one terminal in Slovakia and three terminals in Russia and 19 inland rail-side terminals in Kazakhstan. The Company's sales network comprises of 94 sales outlets in Russia, along with additional outlets across the CIS, Europe and Asia. TransContainer is listed on the Moscow Exchange and London Stock Exchange.