Rail investments
Sistema won the privatisation tender to acquire 100% ownership stake in SG-trans, Russia’s largest independent provider of specialised railcars for transportation of liquefied petroleum gas, for RUB 22.77 bn. The Corporation also bought 50% in Financial Alliance, a professional railstock operator, for RUB 3.41 bn from Bashneft, which had acquired the company in August 2012, transferring about 4,500 railcars to it.