According to Federal Antimonopoly Service of Russia (FAS) Head Igor Artemyev, as long as the sector is not demonopolized, the RZD-owned stake in TransContainer should not be handed over into private hands. However, if a decision is made for RZD’s exit from TransContainer, the company should be divided into two or three units and be sold to different parties, so that competing companies operate on the market.
TransContainer has a market cap of RUB 42.3 billion (USD 700.6 million). RZD owns a 50% stake+2 shares in TransContainer, via United Transport and Logistics Company (UTLK).
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