Railtrans International (Richardi Transport, Slovakia) announced that it has acquired a 50% stake in Romania’s EP Rail Group as of October 8. By entering the Romanian rail transport market, the company is expanding its activities in Central and Eastern Europe. It already operates in Germany, Austria, the Czech Republic, Hungary, and Slovakia.
It should be noted that the other 50% of shares belong to EP Rail. The company owns a fleet of 23 locomotives and over 3,300 freight cars, transporting 8 million tons of cargo annually. The new shareholder structure allows EP Rail to continue operating independently, with no changes to its operational management.
EP Rail offers a wide range of services in the rail freight segment, as well as related services, including detailed analysis and consulting.
Railtrans International a.s., headquartered in Bratislava (Slovakia), was founded in November 2011 and is part of the Richardi Transport Group. It is certified to provide rail transport services in Slovakia, the Czech Republic, Hungary, and Austria, and is the first private company in Eastern/Central Europe to be licensed to operate in Germany.
Sourced from Richardi Transport