SLOVAKIAN railfreight operator ZSSK Cargo has sold its fleet of 12,342 wagons to a newly-formed joint venture company under a sale-and-lease-back agreement signed on March 5.
FOLLOWING competitive tender, state-owned railfreight operator ZSSK Cargo announced on June 5 that it will sell a 66% stake in its Cargo Wagon fleet management subsidiary to Ahaus-Altstätter Eisenbahn Cargo (AAE), Switzerland.
THE Slovakian government announced on July 10 that it has adopted proposals to reform struggling state-owned railfreight operator ZSSK Cargo with the creation of three separate business units by the end of next year.
POLISH State Railways (PKP) subsidiary PKP Cargo has become the latest potential buyer to be linked with ZSSK Cargo as the Slovak government continues its search for a strategic partner for the ailing Slovakian state-owned railfreight operator.
THE Czech and Slovak governments are considering plans to merge state-owned railfreight operators CD Cargo and ZSSK Cargo in an effort to improve their financial position and protect them from potential takeover bids from foreign railways.