7/30/2021
MOSCOW, July 30 (Reuters) - VTB, will cease to own
a controlling stake in rail freight transportation firm
Rustranscom (RTC) within a year, Russia's second largest bank
told reporters, but did not disclose how this would happen.
VTB bought 50% plus one share in RTC, Russia's largest grain
railcar owner, for 29.6 billion roubles ($403 million) in 2019
when it was expanding in grain export infrastructure in Russia,
the world's largest wheat exporter.
"We have included a company that owns Rustranscom in the
list of companies held for sale, for disposal. We believe that
we will lose control of this company in the short term - on a