Tatravagónka expands in India
- Vladimír Dohnal
- Jan 15, 2018
- 1 min read
Local wagon maker Tatravagónka Poprad (Alexej Beljajev and Michal Lazar) wants to increase its stake in Indian machinery firm Jupiter Group from the current 26% to 50%. Tatravagónka acquired its first 13% stake in 2015. Jupiter Group makes rail wagons and parts for wagons and other rail technologies. It is the largest wagon supplier for the Indian railways.
Tatravagónka itself is for sale, and according to unofficial reports, Czech-Slovak logistics group Budamar is to acquire a 50% stake.
Recent Posts
See AllThe €250,000 price of an apartment in Bratislava includes the cost of the land (€50,000) and the 5-year permitting process (€30,000),...
Volkswagen 's Bratislava plant tried to win production of the electric VW ID.1 model, but despite ranking well in internal VW plant...
Slovakia’s employment rate among the 20 to 64-year-olds rose to a record high last year and was higher compared to the EU’s average of...
