JSC TransContainer, a subsidiary of JSC Russian Railways, is Russia’s national container operator. The company appeared as the branch of just formed JSC Russian Railways on October, 2003. Legal incorporation of JSC TransContainer, reorganized from JSC Russian Railways’ branch, was registered on March, 2006. From July, 1, 2006 the company began independent economic activity. 17 branches of JSC TransContainer cover the entire Russian railway network. The company income totaled more than 167,1 mln euro for July-December, 2006, and the net income exceeded 41,3 mln euro.

One of the momentous events of 2006 became numerous IPOs (Initial Public Offering is the first sale of stock by a private company to the public) of the Russian companies that managed to attract more than $17,5 bln. Nevertheless, not all IPOs became successful for investors. London stock exchange (LSE) became the world leader by volume of means accumulated during IPO in 2006, outstripping the Hong Kong Stock Exchange (HKEX) and the New York Stock Exchange (NYSE) on this index that took the second and third place accordingly. Numerous IPOs of the Russian companies contributed to this deal – the LSE became the “beloved” trading floor of the Russian companies.

Deutsche Bank forecasts IPO entry of 30 Russian companies in 2008 with a total volume of $36 bln against 23—24 offerings with the volume of $24,5 bln this year. Such opinion expressed Dmitriy Snesar, co-director of Deutsche Bank investment banking direction in Russia, at the capital market conference. According to him, an IPO entry of infrastructural sector companies (banks, metallurgical companies, extractive industries and companies producing consumer goods.) will be very popular next year. “We see no transactions which can take place in the 1Q 2008. The basic volume falls at the 2Q and 4Q”, he said, adding that IPO crisis is not expected in Russia.