safer and more efficient. Learn more Fleet Lease our equipment and benefit from our many add-on services – from the manufacture of new wagons to maintenance to fleet management. Learn more [...] VTG Products and Services Fleet Overview Tank Containers A wide variety of tank container types for intermodal transport and easy storage of liquid and temperature-controlled products. VTG has the right

first half-year. Growing demand strengthens our will to continue investing in our business and our fleet, as we have done with recent acquisitions in Russia and the US, and as we plan to do with the takeover [...] North American and Russian markets. In the first half of 2017, capacity utilization for the entire fleet thus rose to 91.2 percent (first half of 2016: 90.1 percent). Second-quarter EBITDA of EUR 86.4 million [...] same period a year ago (EUR 102.9 million). Most of this money was channeled into expansion of the fleet in North America and Russia, above all through the acquisition of used wagons. Compared to the same

on. Our mission By pairing the experience and creative ideas of our people with a very extensive fleet of wagons and containers, we establish rail as the backbone of smart, sustainable transport and logistical

Furthermore, the offer price implies a significant discount to the net asset value of the wagon fleet determined on the basis of the discounted earnings method. No customary control premium and discount [...] Aktiengesellschaft is one of Europe’s leading railcar leasing and rail logistics companies, with a fleet consisting of more than 83,000 railcars. VTG offers a full-range service, providing tank cars, intermodal

we can find the right wagon for you! Fleet Lease our equipment and benefit from our many add-on services – from the manufacture of new wagons to maintenance to fleet management. Learn more Logistical Services [...] VTG Products and Services Fleet Overview Tank Wagons An extensive range of tank cars for high volumes, temperature-controlled goods, gases, chemicals, petrochemical products, powered goods and hazardous [...] kinds. We have been developing and building tank cars for decades. Take advantage of both our huge fleet of tank cars and our expertise in the transportation of hazardous goods. Our specialists guarantee

benefiting from a persistently favorable economic climate, the associated high utilization of our fleet capacity and comparatively low maintenance costs in our Railcar Division. The Logistics Divisions [...] very high capacity utilization in all railcar segments. At the same time, the enlargement of the fleet in 2017 also had a positive impact on revenue development. EBITDA rose faster than revenue, increasing [...] 5.2 percentage points to 65.9 percent compared to the first three months of 2017 (60.7 percent). Fleet capacity utilization rose to its highest level since the end of 2008 and stood at 92.2 percent (Q1

benefiting from a persistently favorable economic climate, the associated high utilization of our fleet capacity and comparatively low maintenance costs in our Railcar Division. The Logistics Divisions [...] very high capacity utilization in all railcar segments. At the same time, the enlargement of the fleet in 2017 also had a positive impact on revenue development. EBITDA rose faster than revenue, increasing [...] 5.2 percentage points to 65.9 percent compared to the first three months of 2017 (60.7 percent). Fleet capacity utilization rose to its highest level since the end of 2008 and stood at 92.2 percent (Q1

opportunity to get up to speed on the latest developments. Alongside equipping the entire European wagon fleet with telematics modules – the VTG Connector – the company's digitization initiative now also includes [...] economically. At a glance: VTG at transport logistic Hall B6, booth 322 Digital solutions: VTG Connect, Fleet Table and various projects and apps Come and meet representatives from all of VTG’s divisions and

opportunity to get up to speed on the latest developments. Alongside equipping the entire European wagon fleet with telematics modules – the VTG Connector – the company's digitization initiative now also includes [...] economically. At a glance: VTG at transport logistic Hall B6, booth 322 Digital solutions: VTG Connect, Fleet Table and various projects and apps Come and meet representatives from all of VTG’s divisions and

locomotive pool 24/7 availability of our competent Retrack team Comprehensive locomotive, wagon, and fleet management from a single source Environmentally friendly rail logistics for sustainable freight transport