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Asters Acts as a Local Counsel to VTG Aktiengesellschaft on Formation of European Rail Logistics Joint Venture

garethbayer.co.uk

Ukraine
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Asters has acted as local counsel to VTG Aktiengesellschaft on its formation of a European rail logistics joint venture with international logistics provider Kuhne + Nagel in Ukraine.

The two companies combined their rail logistics activities on January 1, 2014, to form pan-European VTG Rail Logistics. VTG Aktiengesellschaft holds a majority stake in the joint venture, which operates in 12 countries, from Northern Europe to the Bosporus and from Western Europe to Russia.

VTG Aktiengesellschaft is one of Europe's leading train car hire and rail logistics companies with a fleet of some 52,700 cars. VTG has three interlinked divisions -- Railcar, Rail Logistics, and Tank Container Logistics -- and specializes in the transport of liquid and sensitive goods from the chemical, petroleum, automotive, paper, and agricultural industries.

Asters' team working on the project was led by Senior Partner Armen Khachaturyan, and included Senior Associate Yevgen Kravtsov and Associate Oleh Furmanchuk.

 

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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