Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russian Railways acquires 75% of the logistics operator Gefco
21.09.2012 13:17
Russian Railways acquires 75% of the logistics operator Gefco

 JSC Russian Railways, has commenced exclusive negotiations on acquiring 75% of the logistics operator  Gefco from the French automaker PSA Peugeot Citroën, reports  JSC Russian Railways in the official press release.


75 percent of Gefco is estimated into 800 million euros, or about $1 billion. When the deal is completed, Gefco would also pay Peugeot a special dividend of 100 million euros.


JP Morgan and VTB Capital are financial consultants of JSC Russian Railways in the deal.


Western Europe is the main market for Gefco, which guarantees about 75% of the revenue. Latin America and other regions bring the rest of the income. Due to the deal JSC Russian Railways intends to develop an overland freight service between Asia and Europe.


Author: Irina Fomina

Tags: Russian investments Russian Railways Russian business   

Next Previous

You might also find interesting:

The Central Bank Raised Its Expectations of Russias Economic Growth
Rambler & Co Reported on the Results of 2017 in the Field of Electronic Commerce
Yandex And Sberbank Signed an Agreement on the Intentions to Create a Joint Venture
Lentach Launched a Platform Memeus Aimed at Earning Crypto Currency For Meme Publication
Russian Internet Week 2017

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
Russian hockey  Russian history  Exhibitions in Moscow  Flor Garduno  Russian directors  Schools  Fascism  MTS   Armament  prostitution  Russian scientists  Russian engineers  Festivals in Moscow  Monuments to People  curious  Robots  Crocus City Hall  Alexis of Russia  Russian business  Suzdal  Russian-Georgian relations  Polar Marine Exploration  Alagir  Tver region  Russian sportswomen  Chelyabinsk meteorite  Yandex  Russian Stage Directors  Zarechny  Russian Cinema  Impressionism  work in Russia  Moscow  Jan Van Duyts  Paleontology  Russian army  Russian Literature  Adygea  St. Petersburg State University  activity holidays  Mercedes-Benz Fashion Week Russia  Moscow Museums  Spartak Moscow  Shartash  Earth Mantle  Christmas  St. Petersburg  Russian tourism  Archeology  Vitaly Mutko 

Travel Blogs
Top Traveling Sites