Independent journal on economy and transport policy
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Railway group Helvetic SBB CFF FFS looks for an associate of minority for its society cargo
Within on 5 October the manifestations of interest in order to acquire from 10% to 49% of the share capital
September 20, 2018
The railway group public Helvetian SBB CFF FFS has announced the intention to yield from 10% to 49% of the share capital of own branch SBB CFF FFS Cargo, than work the services of rail shipment goods of the group. The Swiss company previews to find an associate of minority for own society cargo within the end of 2019 and has entrusted to the society of PwC advising the task to collect the manifestations of interest to the acquisition of the participation, that they could be introduced within next 5 October.
SBB CFF FFS has remembered that already in 1999 SBB CFF FFS Cargo it was transformed in by right private a joint-stock company with the scope of being able to join to joint venture, than in the 2015 railway group had announced the new possibility to try partner to include in the share structure of SBB CFF FFS Cargo and that last year the federal Council and the Swiss Parliament have voted in favor of the opening of the shareholders of the society in a participation of minority.
The Swiss group has specified that the search of a partner with a minority participation in the society cargo is framed in an offer that includes the activities in the fields of the traffic goods in Switzerland, included the activities of import and export, that is the traffic of complete wagons, the arranged traffic let alone the traffic to complete trains of the group, while in the proposal is not included SBB Cargo International, the society participated to 75% from SBB CFF of FFS Cargo and to 25% from the Hupac compatriot, than to beginning 2019 will be scorporata by managed SBB CFF FFS Cargo and as independent affiliated society of the Swiss railway group.
We remember that SBB CFF FFS Cargo has closed the first semester of 2018 with a profit clearly of 292 million franchi Swiss(on 14 September 2018), result of positive sign after a 2017 archived item one with a net loss of -239 million franchi Swiss(on 20 March 2018). SBB CFF FFS Cargo, that some 3.100 people appoints to a job, has a composed fleet from 5.278 wagons goods, 324 locomotives of line and 75 of maneuver. Every day the trains of the society transport about 210 thousand tons of goods.
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The railway group public Helvetian SBB CFF FFS has announced the intention to yield from 10% to 49% of the share capital of own branch SBB CFF FFS Cargo, than work the services of rail shipment goods of the group. The Swiss company previews to find an associate of minority for own society cargo within the end of 2019 and has entrusted to the society of PwC advising the task to collect the manifestations of interest to the acquisition of the participation, that they could be introduced within next 5 October.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
