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petek, 3 decembra, 2021

Rail operator’s tie-up with Czech holding gets final nod

By: P.T., STA

Slovenian Sovereign Holding (SSH) approved the plan by the state-owned rail operator Slovenske Železnice to sign a strategic partnership between its cargo division and the Prague-based EP Holding. SSH said the goal was long-term growth and development of the transport and logistics activity.

Under the terms of the deal, SŽ – Tovorni Promet and EP Logistics International intend to establish a joint venture, onto which Slovenske Železnice would transfer the assets of its cargo subsidiary. The Czech partner will hold 49% in the joint venture via a capital injection reported to be in the EUR 60-100 million range.

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