Independent journal on economy and transport policy
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The Board of Directors of Russian Railways deliberates the cession of 75% of Freight One and 25% of TransContainer
The quotas will be sold in the course of this year
April 26, 2011
Last week the board of directors of the railway society Russian Railways (RZD) has approved of the cession of meaningful quotas in branches of the field goods. "The sale of the participation in the branches - the president of the Russian company has declared, Vladimir Yakunin - takes part of the reform of the railway field and will ulteriorly increase the promotion of the competition in the industry".
The Board of Directors has deliberated to sell to a strategic investor 75% of capital stock less two sets in action of the First Freight Company (Freight One), born society for the management of the rotabile material that successively has widened own activity also to the rail shipment of the goods ( on 4 July 2007). Currently RZD stops 100% of vital less an action than Freight One and the control of the society will be yielded through an auction that will hold in the course of the third trimester of this year with base of auction of 115,5 billion rubles (2,8 billion euros).
Moreover the Board of RZD has established to sell 25% of vital more an action of the branch TransContainer, the main Russian society of the section of the intermodal transport. Also this quota, estimated 10.722 million rubles, will be put up for auction in the course of this year
At last branches ZheldorRemMash, VagonRemMash, Moscow Locomotives Repair Plant and Novosibirsk is decided to sell in the four course of 2011-2012 75% of vital less the two sets in action of Works Switch.
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Last week the board of directors of the railway society Russian Railways (RZD) has approved of the cession of meaningful quotas in branches of the field goods. "The sale of the participation in the branches - the president of the Russian company has declared, Vladimir Yakunin - takes part of the reform of the railway field and will ulteriorly increase the promotion of the competition in the industry".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
