ICT Holding News
ICT Holding’s United Wagon Plc sold its 7% stake in PJSC United Wagon Company (UWC) through IPO
Russia's United Wagon Company to float 10 pct of shares
Russian railcar manufacturer United Wagon Company plans to float at least 10 percent of its shares on the Moscow exchange, it said on Friday, representing Russia's first initial public offering (IPO) in more than a year.
Billionaire Nesis’s United Wagon to Offer 10% in Moscow IPO
Billionaire Alexander Nesis’s PAO Research & Production Corp. United Wagon Co. said it will offer at least 10 percent of its stock in an initial public offering in Moscow.
PJSC “RPC United Wagon Company” announses its intention to float on the Moscow exchange
Public Joint Stock Company “Research and Production Corporation United Wagon Company” (“RPC UWC” or the “Company”), the market leader in innovative railcar building in Russia, today announces its intention to conduct an initial public offering (“IPO” or the “Offering”) of its ordinary shares (the “Shares”) with listing on the Moscow Exchange.
Sale of OPAP
ICT Holding sells its 22.35% stake in Emma Delta, a shareholder of the Greek gambling monopoly OPAP, to KKCG Group
United Wagon Company – Russia's most modern engineering firm
United Wagon Company (UWC) has done what all Russian companies should do but few have managed: the railway wagon company was set up from scratch three years ago, its owners invested over a $1.5bn to build a state-of-the-art factory that last year became the biggest producer of the world-class wagons in Europe and the Commonwealth of Independent States (CIS), and it has left the rest of its Russian competition in the dust.
ICT Holding Ltd elects Board of Directors
The General Meeting of ICT Holding’s shareholders elected the Board of Directors
ICT buys a 26% stake in O1 Properties
O1 Group, a Boris Mints’ private holding company that invests in a variety of companies and sectors, and ICT Group announce completing of their transaction whereby a 26-percent stake in O1 Properties is sold to ICT Group. ICT Group purchased class B ordinary shares. As result of the transaction the Boris Mints’ stake in O1 Properties will amount to 73%. 1% is owned by company’s management.
Timken Signs Joint Venture Agreement With United Wagon Company (UWC) to Strengthen Presence in Key Rail Market
CANTON, Ohio, March 24, 2014 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) has entered into an agreement with United Wagon Company (UWC), a leader in building, leasing, engineering and servicing freight cars in Russia, to establish a joint venture (JV) to manufacture Timken(R) AP-2(TM) rail bearings in Russia. The JV will advance the safety, reliability and efficiency of the local rail industry, equipping customers' freight cars with premium Timken bearings. The JV is contingent upon various regulatory approvals and other commercial and customary conditions.
Russia's Nesis buys stake in real estate firm - source
Feb 17 (Reuters) - Russian tycoon Alexander Nesis' investment company ICT Group will close a deal by the end of the first quarter to buy about 25 percent of real estate investment firm O1 Properties from owner Boris Mints, a source close to the deal said.