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April 26, 2011
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- The Board of Directors of Russian Railways approves the sale of 75% of Freight One and 25% of TransContainer
- The shares will be sold this year
 Last week the board of directors of the railway company Russian Railways (RZD) has approved the sale of shares in major branches of the freight sector. "The sale of shares in subsidiaries - said the Russian president, Vladimir Yakunin - is part of the reform of the rail sector and will further promote competition in the industry."
- The Board has decided to sell to a strategic investor for 75% of the equity minus two shares of First Freight Company (Freight One), a company created to manage the rolling stock that subsequently has expanded its business to rail transport of goods (
 of 4 July 2007).RZD currently holds 100% stake minus one share of Freight One and the control of the company will be sold by auction to be held during the third quarter of this year with a starting price of 115.5 billion rubles ( € 2.8 billion).
- In addition, the Board of RZD has agreed to sell 25% stake plus one share of the subsidiary TransContainer, the leading Russian company in the sector of intermodal transport. Even this proportion assessed 10.722 million rubles will auctioning this year
- Finally it was decided to sell during 2011-2012 to 75% stake minus two shares of the four branches ZheldorRemMash, VagonRemMash, Moscow and Novosibirsk Switch Locomotive Repair Plant Works.
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