VTB Capital was appointed as a financial advisor of United Transport and Logistics Company (UTLC), a subsidiary of RZD, in connection with the potential sale by UTLC of the ordinary registered shares in TransContainer. The transaction will involve up to 51% of TransContainer’s share capital. Intermodal container transportation and logistics company TransContainer, with presence in Russia and the neighboring countries, is number 1 in Russia by volume of container transportation by rail, container-dedicated flatcar fleet size and by volume of rail-side container terminal handling.
The privatisation of TransContainer is planned for April 2018. According to previous reports, before the privatisation, UTLC will transfer the stake to RZD’s direct ownership.
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