VTB Bank closed a deal to buy 50% plus one share in the railway operator Rustranskom (RTK), engaged in the railway transportation of grain and timber.
"Entering the capital of RTK Group was the next step in developing VTB’s business in the grain market. Together with the RTK Group shareholders, we plan to continue developing the company's assets in all key business areas," TASS quoted Yury Solovyov, First Deputy President and Chairman of the VTB Management Board. Thus, VTB approached the creation of a single grain operator.
Source: zol.ru.
