Nurminen Logistics Plc Stock Exchange Release 14 January at 9.00 am
Nurminen Logistics Plc and Transgarant conclude a co-operation agreement
Nurminen Logistics Plc and Russian rail transportation company Transgarant
signed a 7-year co-operation agreement on 12 January 2009. According to the
agreement Nurminen Logistics acts as a representative of Transgarant in Finland.
The agreement also stipulates joint use of wagons. The contracting parties see
particular possibilities in the transportation of e.g. consumer goods through
Nurminen Logistics Plc's new logistics centre in the Vuosaari harbour.
Transgarant is the second largest private owned rail transportation company in
Russia. The company operates more than 17,000 railway wagons, of which 75 % are
its own. Transgarant is a part of a FESCO Transportation Group.
Nurminen Logistics provides high-quality logistics services, such as railway
transports, terminal services, forwarding, and special and heavy transports.
Nurminen Logistics' main market areas are Finland, the Baltic Sea region, Russia
and other CIS countries. The company has at its disposal nearly 1,000 of its own
railway wagons and it also operates hundreds of its partners' wagons.
Nurminen Logistics' terminal network covers all major harbours and border
crossings in southern and eastern Finland. Terminal capacity exceeds 130,000
square meters. The new logistics centre in Vuosaari comprises 38,000 square
metres.
- Transgarant is a first-rate partner due to its size and position. This
agreement strengthens Nurminen Logistics Plc's growth strategy in Russia and
other CIS countries.
NURMINEN LOGISTICS PLC
Lasse Paitsola
President and CEO
Further information:
Mr Lasse Paitsola, President and CEO
Tel. +358 400 405 801
DISTRIBUTION
NASDAQ OMX Helsinki
Major Media
www.nurminenlogistics.com
Nurminen Logistics Plc
Nurminen Logistics provides high-quality logistics services, such as railway
transports, terminal services, forwarding and special and heavy transports. The
company has collected logistics know-how from three centuries, starting in 1886.
Nurminen Logistics' main market areas are Finland, the Baltic Sea region, Russia
and other CIS countries. The company's share is listed on NASDAQ OMX Helsinki.
Nurminen Logistics Plc and Transgarant conclude a co-operation agreement
| Source: Nurminen Logistics Oyj