Swiss seek minority investors for SBB Cargo rail business
Reuters
Published Dec 14, 2018 12:15
Swiss seek minority investors for SBB Cargo rail business
ZURICH (Reuters) - The Swiss government will seek investors for a minority stake in SBB federal railways' cargo business, it said on Friday.
It gave no further details in a statement outlining its strategic goals for the public railways over the next three years.
SBB Cargo is the market leader with a 25 percent share of goods transport in Switzerland, it says on its website. It transports 202,000 tonnes of goods a day.
SBB Cargo International operates on the main north-south axis from Germany to northern Italy.
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Written By: Reuters
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