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Saturday, April 20, 2024

Brussels clears Slovenian-Czech rail joint venture

By: J.S., STA

The European Commission approved, under the EU merger regulation, the acquisition of joint control over a joint venture created by the Slovenian rail operator Slovenske Železnice (SŽ) and Czech EP Logistics International to be active in intermodal rail freight transport.

The goal of the strategic partnership is to create a logistics leader in Southeast Europe, comprising Slovenia, North Italy, Austria, Croatia, Hungary, Bulgaria, Romania, Serbia and the rest of the Balkans.

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