Cargo Company and NM Logistic signed a long-term transportation contract

Cargo Company, a member of Demetra-Holding Group, and NM Logistic, a subsidiary of Novostal-M metallurgical holding, signed a long-term transportation contract during TransRussia 2024 exhibition. The contract provides for annual transportation of more than 2 mln tons of products from Novostal-M plants using Cargo Company's rolling stock. 

The document was signed by Dmitry Amelin, the Managing Director of Cargo Company, and Igor Latyshev, the Director of NM-Logistic.

The contract is valid for three years. Over 50% of monthly output produced by Novostal-M plants located in Balakovo, Saratov region, and Abinsk, Krasnodar region, will be transported by gondola cars operated by Cargo Company during this period.