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Report: France's Gefco to buy 75% stake back from Russian Railways

PARIS, Apr 1 (PRIME) -- France's logistic company Gefco will buy its 75% stake back from Russian Railways, France Presse reported on Friday.

The decision was made due to the sanctions slapped on Russian Railways by the E.U., the U.S. and the U.K. All authorities agreed that the sanctions shall not be applicable to Gefco, but according to the report, Gefco is experiencing problems in its business with partners.

The deal is expected to be closed until April 11.

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01.04.2022 15:16
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