VTG revenue soars

摘要

Germany-headquartered rail and tank container logistics provider VTG brought in revenue of €750m in 2011, an increase of 19.2 per cent compared to 2010, according to its latest financial statement. VTG's tank container logistics division, which includes global operator VOTG, had its revenue increase by 5.1 per cent to €151.8m. "We used the year 2011 to actively push forward our international expansion and once again strengthen the company," says VTG. "The strategic acquisitions in Russia and North America, the two largest rail transport markets in the world, as well as a large order book for the construction of new wagons for the European market, were made possible by the new financing structure of the group. They serve as proof that we are on a continual path of growth and mean we are confidendy looking towards 2012."