History

Since VTG was founded in 1951, we have faced up to ongoing change and are on a continuing course for growth.

 

VTG milestones

From state-owned company to stock corporation. From Hamburg to the world. Like the industry within which we operate, the history of our company has been shaped by changes and innovation. Take a journey through time with us.

In Austria, the launch of EEL AG as the first railroad wagon hire company marks the birth of private-sector wagon leasing as a business model in Europe.

 

Austrian railway company OEVA is established as the successor to EEL in Vienna, opening for business with 459 special-purpose wagons.

 

VTG Vereinigte Tanklager und Transportmittel GmbH is founded in Hamburg as a state-owned company.

 

The company is privatized as part of its sale to Preussag (today the TUI Group).

 

VTG engages in its first tank container activities.

 

VTG acquires a majority stake in Transpetrol GmbH, an international railway forwarding company for oil and gas.

 

VTG acquires an interest in TRANSWAGGON AG and a majority stake in shipping and transport company Lehnkering Montan AG (later Lehnkering AG).

 

VOTG Tanktainer GmbH is founded.

 

The logistics activities of Lehnkering AG and VTG Vereinigte Tanklager und Transportmittel GmbH are merged to form VTG-Lehnkering AG.

 

VTG acquires the European wagon leasing activities of the Australian Brambles Group (these activities were originally part of the former OEVA company). The move adds around 23,000 extra wagons to the VTG fleet.

 

VTG increases its stake in Transpetrol GmbH to 74.9 percent. After reorganization into five divisions – Wagon Leasing, Railway Forwarding, General Freight Wagons, Tank Containers and Repair Workshops – the Group’s bulk and special logistics activities are sold off. The company is renamed VTG Aktiengesellschaft (VTG AG).

 

Acquisition of the freight wagon and tank container fleet of French company Algeco S.A. plus the wagons of Austria's OMV AG, Swiss company Rexwal Finance S.A. and the Swedish-owned firms Railtrans and Nordwaggon AG adds around 6,500 more wagons to strengthen the Group’s wagon leasing activities.

 

TUI sells VTG to Compagnie Européenne de Wagons S.à.r.l.

 

To prepare for its initial public offering (IPO), VTG reorganizes itself into three new divisions: Railcar, Rail Logistics and Tank Container Logistics.

 

VTG is listed on the Frankfurt Stock Exchange, acquires British tank container leasing company Tankspan Leasing Ltd. (including 3,100 tank containers) and increases its stake in VOTG Tanktainer GmbH from 58.35 to 100 percent.

 

By acquiring Texas Railcar Leasing Company Ltd. (complete with around 1,000 wagons), VTG enters the North American wagon leasing business. It also launches VTG Russia as an “OOO”, sets up a VOTG Tanktainer GmbH joint venture with China’s COSCO Logistics and purchases the wagon building activities of the Graaff Group. VTG’s share is quoted in the select SDAX index.

 

VTG acquires roughly 1,800 freight wagons and enters the European grain transport market. It also takes over a 100 percent stake in rail logistics company TMF.

 

The exhibition “A look back to the future” in Hamburg commemorates VTG’s 60th anniversary. The company doubles its North American wagon fleet by buying the business activities of American wagon leasing company SC Rail Leasing America. Its American operations are renamed VTG Rail, Inc. By snapping up the Railcraft Group, VTG also enters the CIS and Baltic markets with a fleet of some 870 wagons. The next step is to acquire Italian competitor Sogerent, which has about 300 petroleum wagons.

 

VTG’s rail logistics activities are merged with parts of Kühne + Nagel’s rail activities.

 

The takeover of Ahaus Alstätter Eisenbahn AG (AAE) ramps the fleet up to more than 80,000 wagons.

 

VTG RailTrain is launched as an inclusive apprenticeship program.

 

The wagon fleet tops the 90,000 mark following the acquisition of NACCO.

 

Having floated its shares in 2007, VTG Aktiengesellschaft now opts to delist its shares.

 

VTG bundles its digital offerings under the newly developed traigo customer platform.

 

VTG sells its North American wagon leasing business and Tanktainer’s overseas activities.

 

In Vienna, VTG celebrates 150 years of private-sector wagon leasing in Europe.

 

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