Germany stocks mixed at close of trade; DAX up 0.42%
- ByInvesting.com
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VTG Aktiengesellschaft, together with its subsidiaries, operates as a wagon hire and rail logistics company worldwide. It operates through three segments: Railcar, Rail Logistics, and Tank Container Logistics. The Railcar segment hires out its rail freight wagons in its own fleet; provides management and technical support services to wagon fleets, as well as maintenance and repair services. This segment operates a fleet of approximately 94,000 rail freight wagons. The Rail Logistics segment offers rail-related logistics solutions. This segment primarily engages in the transportation of liquids, foods, and industrial goods in the form of block train, single-wagon, and wagon pool transport. It also provides project logistics services, including the transport of solutions for machinery and plant engineering sectors, as well as other related services to customers. The Tank Container Logistics segment organizes tank container transport of goods, as well as leases tank containers. This segment primarily transports liquid and temperature-controlled products of the chemical, petroleum, and compressed gas industries through a fleet of approximately 9,000 tank containers. It also manufactures special-purpose wagons and special-purpose valve construction for hazardous liquid goods and pressurized liquefied gases transportation. The company serves chemical, petroleum, automotive engineering and supplier, and paper industries. VTG Aktiengesellschaft was founded in 1951 and is headquartered in Hamburg, Germany.