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  September 5, 2001
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Home > Company Index > Financial Services > Leasing > The Cronos Group

The Cronos Group
Nasdaq: CRNS
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 PROFILE
The Cronos Group leases intermodal containers to more than 450 marine carriers and transport operators worldwide, including 20 of the largest ocean carriers. The inventory (both company-owned and managed for others) includes about 400,000 20-ft. equivalent units (TEUs), among them dry cargo, refrigerated, and tank specialized containers. Also, Cronos sells used containers to wholesale, storage, and construction companies. It has alliances with more than 25 independent agents and 300 independent maintenance depots, and has offices or agents on five continents. Cronos has won a suit filed against former chairman and CEO Stefan Palatin and has recovered $6.6 million and 1.8 million Cronos shares from Palatin.

 COMPETITION
Interpool, Inc. (IPX)
Sea Containers Ltd. (SCR)
XTRA Corporation (XTR)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 137.60
1-Yr. Sales Growth: 4.2%
Employees: 90
Revenue per employee: $1,528,888.89

 KEY PEOPLE
• Dennis J. Tietz
    CEO
• Peter J. Younger
    CFO

 CONTACT INFO
16 Allee Marconi
L-2120, Luxembourg
Phone: 352-453-145
Fax: 352-453-147
Online: Web Site

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