Business news from Ukraine

Business news from Ukraine

AURUM GROUP CARGO OPERATORS INCREASE PURCHASE OF WAGONS

28 February , 2020  

Cargo transportation operators, in particular Trans Energy, Aurum Trans and Aurum Rail, which are part of Aurum Group industrial and investment group, replenished their own freight car fleet with 94 units in 2019 (including 13 grain carriers and 81 high-sided wagons) for a total of UAH 142.776 million, while in 2018 some 60 cars (including eight grain carriers) were bought for UAH 80.56 million, the group’s press service has said.
“Thus, the total fleet of wagons of these operators amounted to 617 wagons,” the press service told Interfax-Ukraine.
Wagons are produced by Diesel Plant, which is part of the group (Kryvyi Rih, Dnipropetrovsk region).
According to the group’s press release, over the past three years, the group’s transport operators have invested about UAH 250 million in building new high-sided cars and grain hoppers, replenishing their own freight car fleet by 39%.
Aurum Group was registered at the end of 2016. Its core business is mechanical engineering, rail freight transportation, industrial pump engineering, chemical industry, investments in real estate and the agricultural sector.