Brief: Railcare Signs 5-Year Agreement With LKAB Malmtrafik
Oct 16 (Reuters) - Railcare Group AB RAILG.ST :
* RAILCARE HAS SIGNED A 5-YEAR AGREEMENT WITH LKAB
MALMTRAFIK
* AGREEMENT IS WORTH AN ESTIMATED SEK 70 MILLION ANNUALLY,
TOTALLING SEK 350 MILLION
* LKAB HAS OPTION TO EXTEND ASSIGNMENT FOR FURTHER 3 YEARS
AFTER
END OF AGREEMENT PERIOD, WORTH POTENTIAL SEK 210 MILLION
Source text for Eikon: ID:nMFN27KTPF
Further company coverage: RAILG.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))