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Russian state bank purchases Freight One after earlier management takeover

  • Guest authors
  • September 5, 2024
  • 0

Russian state-owned bank VTB has purchased Freight One. Earlier, the bank took over the rail freight operator’s management. In February, Freight One pledged nearly 70…

  • Business
  • Freight One
  • Rail News
  • Russia
  • Russian Railways
  • VTB Bank

Russia’s largest freight operator subject to a “soft nationalisation”

  • Guest authors
  • August 20, 2024
  • 0

Management of Freight One, Russia’s largest rail freight operator, is falling into the hands of the state-owned VTB Bank. As the state bank takes over…

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