08 February 201713:27
Ural Vagon Zavod Sells UVZ Logistic
UrBC, Yekaterinburg, February 8, 2017. Ural Vagon Zavod Corporation intends to sell a 100% shareholding in its daughter enterprise UVZ Logistic to Blagosostoyaniye Non-State Retirement Fund; however, the freight forwarder’s fleet of vehicles will still get operated by Russian Railways’ Federal Freight Company (FGK), the corporation’s press service reports. Ural Vagon Zavod had meant to find a customer before the end of last year; almost all the key railway freight forwarders on the market submitted their bids, with six bidders making it to the next round of the auction. The company did not