"NC "Kazakhstan Temir Zholy" JSC sells 3 assets

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30 December 2016

"NC "Kazakhstan Temir Zholy" JSC has sold 50% stake in “Astyk trans” JSC for KZT 5 252 130 000, 51% stake in “Temir Zhol Electrification” for KZT 10 680 205.92, and 78.47% stake in "Kazakhstan Wagon Manufacturing Company" LLP for KZT 1 780 307 167.14.

«Astyk trans» JSC provides freight forwarding services for transportation of grain and other agricultural products. The enterprise is based in Astana.

«Temir Zhol Electrification» LLP provides electrification of the railways. It is based in Astana.

​"Kazakhstan Wagon Manufacturing Company" LLP manufactures freight cars. It is based in Pavlodar region.