T-Industriya to buy 50% minus two shares in Beteltrans from RZD for 3 bln rubles
MOSCOW. July 9 (Interfax) - CJSC T-Industriya will acquire 50% minus two shares in OJSC Beteltrans from Russian Railways (RZD) for 3.025 billion rubles, the sale's organizer, VTB 24 , said in a statement.
This occurred after an open tender, the bank said, adding that the starting (minimum) price was 2.976176 billion rubles.
According to the SPARK-Interfax database, 70% of T-Industriya is owned by Netherlands-based Spoor Structuur Investering B.V and 30% to LLC Aqua Solid. In addition, 99% of Aqua Solid belongs to Igor Chaika and 1% - to Ivan Zavorotny.
LLC A-Terminal also bid for the stake. The tender had eligibility requirements for participants and took place in accordance with the Russian government's order from October 26, 2011, and with the decision of RZD's board of directors on December 23, 2013.
Beteltrans is the largest producer of ferroconcrete rail ties in Russia and the CIS. The company, which is wholly owned by RZD, has nine factories. Beteltrans previously received four five-year contracts from RZD worth around 126.1 billion rubles. The contracts were for various types of concrete sleepers, reinforced concrete beams for railways and ballastless track bridges.
