Credit Rating: “B+/Postive/B”- Fitchrating; "B+/Stable/B" - Standard&Poors.

Financial Highlights

Revenue Change (9M 2018) – 3.6% (Positive)

EBITDA Change (9M 2018) – 8.3% (Positive)

Adjusted EBITDA margin (9M 2018) – 39.0%

Management Discussion and Analysis

Quantity of transported cargo according to the state controlled cargo operations (Mil. T)

Transportation dynamic of main cargo's (t.)

The Volume of Cargo Carried Out by Refrigerators (t.)

The Volume of Containers Transportation (TEU)

Financial Statements

Eurobonds Prospectus

Bond performance:


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