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Thursday, April 25, 2024

Railways operator signs strategic partnership with Czech holding

By: R.I., STA

Railways operator Slovenske Železnice signed a strategic logistics and cargo partnership with EP Holding.

The Czech holding will become the owner of a 49% stake of Slovenske Železnice’s cargo division SŽ-Tovorni Promet. The partnership is pending regulatory approval, with all suspensive conditions expected to be met by June next year. The new company is to receive a capital increase, however no figures have been released. Unofficially, it is to stand at between EUR 60 million and EUR 100 million.

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