Freight One Stake Approved for Sale to Lisin

Moscow Times 16 November 2012 The government authorized the sale of 25 percent in Freight One to Vladimir Lisin’s NTK in what may become a major consolidation in the rail transportation industry, Vedomosti reported Thursday. NTK will buy the stake from Russian...

Globaltrans Buying Metalloinvest Freight Unit for $540M

Moscow Times 28 April 2012 Freight firm Globaltrans Investment is buying the railcar unit of iron-ore miner Metalloinvest for $540 million, boosting its fleet to about 60,000 units, it said Friday, as it forecast more consolidation for the sector. As part of the deal,...