Iskander Makhmudov - LLC Transoil

LLC Transoil

Mr. Makhmudov and his business partner Andrei Bokarev have purchased a 13% ownership in LLC Transoil. They purchased the shares from Gennady Timchenko, co-owner of the global commodity trading company Gunvor.

LLC Transoil is a railway operator in Russia. The company is one of the biggest railway transporters of oil and oil products in Russia.

Total sales for LLC Transoil for the first three quarters of 2012 amounted to 51.1 billion rubles.

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