PRESS: Auction to sell 50% of TransContainer may take place 2019 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

PRESS: Auction to sell 50% of TransContainer may take place 2019

MOSCOW, Jun 19 (PRIME) -- An auction to sell 50% of Russian container shipping company TransContainer may be announced in August and held in 2019, Kommersant business daily reported on Tuesday citing sources familiar with results of a government meeting.

One of the sources said that the government decided to continue privatization of the company on previous conditions including an open auction and minimal restrictions.

The major restriction is prohibition to resell the stake as it may be bought by a direct contender.

The government also decided to allow Russian Railways to set up an own container operator and use funds raised in the auction for this purpose.

United Transport and Logistics Company (UTLC) of Russia, Belarus, and Kazakhstan owns 50% plus two shares in TransContainer. Russian Railways plans to withdraw this stake from UTLC and sell it at an auction.


19.06.2018 09:41
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 78.3613 -0.8136 20 sep
USD 67.0098 -0.7421 20 sep
Stock Market Indices
1D 1W 1M 1Y
rtsi 1145.19 +0.98 11:42 20 sep
micex 2412.54 +0.34 11:42 20 sep
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 157.29 -0.06 11:27 20 sep
lkoh 4715.00 -0.08 11:27 20 sep
rosn 440.25 +0.55 11:27 20 sep
sber 196.96 +1.58 11:27 20 sep
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 78.1300 -1.0600 14:59 20 sep
USDTD 66.7525 -0.6175 17:44 20 sep