Independent journal on economy and transport policy
12:26 GMT+1
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Helvetian AAE Cargo will have the control of the Slovakian Wagon Cargo
the transaction includes the purchase of 12.450 railway wagons goods
June 6, 2014
To conclusion of a contest indetta from the ministry of the Transports of Slovakia, the AAE Cargo of Helvetic group AAE (Ahaus-Alstätter Eisenbahn) is selected in order to acquire for about seven million euro 66% of the capital stock of the Slovakian Wagon Cargo, that it is the society that manages the railway wagons goods employed from the railway group national Slovak. Remaining 34% of the capital will remain to the ZSSK Cargo, transport division goods of the Slovakian railway group.
The transaction previews moreover that Wagon Cargo buys for 180 million euros 12,450 railway wagons goods that currently take part of the ZSSK fleet Cargo, of which 8,218 will be rented in the long term (eight years with option for others eight) to the same ZSSK Cargo at the price of 10,35 euros for wagon to the day. The remaining part of the wagons will be placed rental by Wagon Cargo independently regarding the current fleet of about 30.000 railway wagons goods of the AAE.
"With the proceeds deriving from the sale of the majority in Wagon Cargo and with the sale of the railway wagons - the managing director of the group AAE, Karsten Sachsenröder has explained - ZSSK Cargo can ahead make a great step towards the previewed reduction of the debit of the society".
Within 30th May, final deadline for the presentation of the binding offers, had reached also a proposal introduced from the consortium Smart Wagon, formed from SpaP and Axbenet, that but it is discarded as did not introduce sufficient guarantees financial institutions for the acquired one of the wagons.
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