Russian Railways sells railcar repair unit VRK-3 for 8.65 bln rbl - Transport & Automobile - 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

Russian Railways sells railcar repair unit VRK-3 for 8.65 bln rbl

MOSCOW, Oct 3 (PRIME) -- Russian Railways has sold a 100% minus one share stake in railcar repair company VRK-3 to Business Optima for 8.65 billion rubles, the company said in a statement on Thursday.

The auction was organized under a program of non-core assets sale.

VTB was the organizer. The starting price was 7.016 billion rubles. Russian Railways tried to sell the asset earlier but the auction was cancelled.

(65.4399 rubles – U.S. $1)

End

03.10.2019 19:47
 
 
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