JSC TransContainer Revised Capital Expenditure Guidance for 2012 and 2013; Provides Capital Expenditure Guidance for 2014 and 2015
The company had earlier planned to spend RUB 4.4 billion on railcars in 2013, but now this figure has been increased to RUB 5.4 billion. It is also planning to increase spending on containers to RUB 1.3 billion from RUB 0.8 billion, and investment in terminal development to RUB 1.7 billion from RUB 1.2 billion. As a result, the company's overall investments in 2013 will increase to RUB 9.4 billion from RUB 6.9 billion.
The company's investment program in 2014 is expected to total RUB 8.1 billion, including RUB 4.9 billion for railcars, RUB 0.4 billion for containers, RUB 1.8 billion for terminals and RUB 1.1 billion for other purposes.
In 2015, the program is to increase to about RUB 9 billion, including RUB 5.4 billion, RUB 0.4 billion, RUB 2 billion and RUB 1.2 billion respectively. The capex program for 2013-2015 has been approved by its board of directors.