Russia’s largest coal producer SUEK is to invest RUR 18 – 22 billion (USD 333 – 407 million) into freight car acquisition in 2015 – 2017, the Vedomosti reports. The company sent a respective notification to the Government.
SUEK expects to buy 10,000 cars with 7,000 acquired from Tikhvin Car-Building Plant (TVSZ) and 3,000 bought from Altaivagon. Previously SUEK leased 6,000 cars from TVSZ and 1,600 cars from Altaivagon.
SUEK owns 25,000 freight cars.
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