The Industrial Union of Donbass corporation (ISD) and ArcelorMittal Kriviy Rig are the major clients of the railroad First Cargo Company in Ukraine, affected by sanctions.

The sanction list of Ukraine doesn’t include RZHD (Russian Railways), nor its subsidiaries, but it includes the largest Russian railroad operator First Cargo Company (PGK), owned by Vladimir Lisin.

According to the company statement, in 2013 it’s share in the Southeastern railroad of Ukraine transportation reached 37%.

PGK’s main asset in Ukraine is its subsidiary First Cargo Company in Ukraine, which operates 5 thousand cars of PGK and around 500 cars and 110 barrels of its own. Its chief clients are metal and mining companies, including the Industrial Union of Donbass and ArcelorMittal Kriviy Rig. (Ukrainian metal)

Leave a Reply