Topic: VTB Bank

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

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…

Freight One Russia’s largest freight operator subject to a “soft nationalisation”

Management of Freight One, Russia’s largest rail freight operator, is falling into the hands of the state-owned VTB Bank. As the state bank takes over…