RZD announced the selling of 50% minus 2 shares of JSC BetElTrans starting from 2.976 billion rubles.
It is an open competition with the eligibility requirements for the participants.Applications will be accepted starting from today until April 17. The Competition Commission will announce the results on May 13.
JSCO BET is the primary supplier of reinforced concrete ties and reinforced concrete bars for JSCO RZD and its affiliates. All nine factories of JSCO BET manufacture reinforced concrete ties, and six factories manufacture reinforced concrete bars for railway track switches.