Russia's largest freight operator

Russian state bank purchases Freight One after earlier management takeover

Image: Shutterstock. © Kapustin Igor

Russian state-owned bank VTB has purchased Freight One. Earlier, the bank took over the rail freight operator’s management. In February, Freight One pledged nearly 70 thousand wagons as collateral to the bank to cover for its parent company’s financial obligations.

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Author: Dennis van der Laan

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Russian state bank purchases Freight One after earlier management takeover | RailFreight.com
Russia's largest freight operator

Russian state bank purchases Freight One after earlier management takeover

Image: Shutterstock. © Kapustin Igor

Russian state-owned bank VTB has purchased Freight One. Earlier, the bank took over the rail freight operator’s management. In February, Freight One pledged nearly 70 thousand wagons as collateral to the bank to cover for its parent company’s financial obligations.

Do you want to read the full article?

Are you already a member?

Log in

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@promedia.nl.

 

Tags: , ,

Author: Dennis van der Laan

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TX Logistik and Wascosa have signed a cooperation agreement. The two companies are joining forces in the freight wagon rental business and will, in particular,…
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French intermodal logistics solutions provider Modalis Group has announced the acquisition of Air Flow, a hydrogen and industrial gas logistics specialist. It follows Modalis’ purchases…

Add your comment

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