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Ukrainian TAS Group acquires controlling stake in JV TransANT

13 May 2024
Reading time ~ 1 min
The first MultiBOX modular railcar from Dneprovagonmash
The first MultiBOX railcar body from Dneprovagonmash. Source: TAS
Savenkova Ekaterina, Editorial Contributor to International Projects of ROLLINGSTOCK Agency
Reading time ~ 1 min
Slobodyanik Aleksandr, Analysis and Consulting Project Head Manager, ROLLINGSTOCK Agency

Austria: The group increased its stake from 40% to 61.4%. Two other shareholders, Voestalpine, an Austrian steel producer, and RCG, a freight operator subsidiary of OBB, reduced their stakes to 31% and 7.6% respectively.

The Ukrainian company initially bought TransANT shares in early 2023. Then, its Dneprovagonmash site started production of TransANT freight cars. Last summer saw TransANT announce the manufacture of the first intermodal flat cars by order of Eurowagon, Poland. In October, Dniprovagonmash delivered first MultiBOX modular railcars to an undisclosed EU customer. In April, a batch of 33 ft MultiBox railcars was delivered to an undisclosed customer in the EU.

The TransANT cars have been produced in Austria since 2018. They have been available in lengths from 33 to 70 ft and can be equipped with load-specific body modules.

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