Russian Rail and Deutsche Bahn in Joint Bid for Polish Operator
Bloomberg: October 1, 2007
By Bradley Cook
OAO Russian Railways, the country's rail monopoly, and its German counterpart Deutsche Bahn AG jointly bid for a Polish cargo operator, RIA Novosti reported, citing Russian Rail Chief Executive Officer Vladimir Yakunin.
Yakunin, speaking to reporters in Moscow today, declined to specify which Polish company Russian Rail and Deutsche Bahn are seeking to buy, RIA said.
The Russian and German companies agreed last year to cooperate on shipping freight between Europe and Asia via the Trans-Siberian Railway to compete with sea routes.