Novotrans

From Wikipedia, the free encyclopedia

Native name
Новотранс
Founded2004
Headquarters
Russia
Novotrans
Native name
Новотранс
Industrycargo transportation
Founded2004
Headquarters
Russia
Key people
Konstantin Goncharov
Number of employees
over 5000
Websitenovotrans.com/en/

Novotrans Group of Companies is a large-scale Russian transportation and logistic enterprise. It provides freight railway operations using its own massive rolling stock, stevedoring operations, as well as carriage construction and maintenance.[1][2][3][4] The holding comprises over 30 companies in various regions of Russia and CIS employing a workforce exceeding 5,000 individuals. It is headed by the President Konstantin Goncharov.[5][6]

Ratings

Universal cargo terminal Lugaport of Novotrans in April 2024
Agricultural complex of the universal marine terminal Lugaport by Novotrans
Automobile and railway ferry complex in the port of Ust-Luga
Baltic Wagon Maintenance Depot "Novotrans", June 2023

The company was established in 2004 as a railway operator focused on coal transportation.

Over the following years, the company expanded its operations by commissioning several freight car repair and maintenance depots: in 2008 in Tayturka, Irkutsk oblast; in 2009 — in Prokopyevsk, Kemerovo oblast; in 2012 — in Biysk, Altai krai; in 2013 — in Kashira, Moscow oblast.

In 2015, Konstantin Goncharov acquired Novotrans, leading to the formation of the Novotrans Group of Companies. Later that year, the Group of Companies consolidated its wagon maintenance capabilities under the newly established entity — Novotrans Wagon Maintenance and Repair Company.

In 2018, Novotrans began the construction of the Lugaport multipurpose marine terminal, located in Luga Bay, Leningrad oblast.[7] This project saw significant progress when, in January 2020, JSC Ust-Luga Company — originally founded in 1992 to oversee the Ust-Luga sea trade port project — became part of the Novotrans holding. By 2023–2024, the first phase of construction was completed, including the commissioning of piers 1, 2, 3 along with associated infrastructure.

In 2019, Novotrans was appointed as the general agent of Rosmorport (Russian government seaport operator) managing stevedoring services on the ferry route between Ust-Luga and the port of Baltiysk in Kaliningrad oblast.[8]

At the start of 2020, the Group of Companies completed the second phase of the Kuzbass Wagon Repair and Maintenance Enterprise (КВРП) increasing its capacity to 30 thousand railcars annually and making it the largest wagon maintenance and repair facility in Russia.[9]

Since 2012, the company has consistently ranked in the Top 15 of the INFOLine Rail Russia TOP rolling stock operator rating.[10] From 2018 to 2021, it was included in the RBC 500 Largest Russian Companies ranking. In 2019, the Expert RA rating agency assigned JSC Holding Company Novotrans a credit rating of ruA with a stable outlook. This rating was upgraded to ruA+ in 2021 and further increased to ruAA- in 2023.[11]

Activities

Economic performance

References

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