Brussels clears Slovenian-Czech rail joint venture
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EU Commission approves Slovenian-Czech rail freight JV
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2020-12-22T12:09:00
SLOVENIA: National railway holding company Slovenske Železnice and the EP Logistic International subsidiary of Praha-based energy, infrastructure and logistics group EP Holding have signed an investment and shareholder agreement to form a strategic partnership to take over the state railway’s freight activities.
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Slovenian railways, Czech firm EP Holding to set up JV - report Author: Slovenske Zeleznice. Licence: All rights reserved.
LJUBLJANA (Slovenia), December 17 (SeeNews) - Slovenian state-owned railway company Slovenske Zeleznice (SZ) and Prague-based EP Holding signed a deal to set up a 51/49 joint venture company aiming to become a leading player on the freight and logistics market in Southeast Europe, local media reported.
Under the deal, EP Holding will invest 60 million euro ($73.5 million) in the new company, while SZ will transfer to it the assets of its freight transport unit, SZ - Tovorni Promet, state broadcaster RTV Slovenija reported late on Wednesday.