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Tag "ZSSK Cargo"

    Cargo Wagon, company founded in order to acquire the Slovak State Rail Freight Operator’s fleet launched

Cargo Wagon, company founded in order to acquire the Slovak State Rail Freight Operator’s fleet launched

VTG Aktiengesellschaft,  ZSSK CARGO and another investor are participating in the launch of Cargo Wagon a.s., a company founded in order to acquire the Slovak State Rail Freight Operator’s fleet. ZSSK CARGO will retain 34 percent of the shares, while VTG and the group of investors will each acquire 33

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    EUR 2 million profit in H1 2014 for ZSSK Cargo

EUR 2 million profit in H1 2014 for ZSSK Cargo

ZSSK Cargo posted a profit of EUR 2 million in first half of 2014. This result was achieved due to an increase of revenues from transport activities. Compared to the previous  year, the company took advantage of  lower TAC (reduced from EUR 3.5/train-km to EUR 1.75/train-km), lower prices for electric traction,

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