New shareholder’s structure of Amber Rail

After 3 years cooperation with the Group Trade Trans, decided GYSEV CARGO to define a new setup for its subsidiary Amber Rail. The joint venture was established for develop the forwarder’s activity on the Central European north-south railway axle. However, in the meantime GYC realized the importance of intermodal transports, and changed the strategy for its subsidiary. Therefore, this summer GYC bought the shares of Trade Trans, and changed the company into a 100% subsidiary. The new setup will move Amber Rail into the position of a neutral intermodal train operator. The main aim of the company is, to develop setup and operate mid/short haul connections on the Central European intermodal rail network. The tradition of neutral market behavior of GYSEV CARGO obligates Amber Rail to take shape the activities along the same philosophy.

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Amber Rail started a cooperation with the Turkish operator “Turkrail”. The new Turkish company is
operating since 2017 intermodal blocktrains between the main Istanbul intermodal terminal Halkali
and the Austrian capital.

Amber Rail’s philosophy, to research and develop the regional intermodal railway market obliges the
company to design new products. Maybe, the most important one – in the region – is to replace the
“missing link” between some of the main intermodal terminals of the region.

After 3 years cooperation with the Group Trade Trans, decided GYSEV CARGO to define a new setup
for its subsidiary Amber Rail. The joint venture was established for develop the forwarder’s activity
on the Central European north-south railway axle. However, in the meantime GYC realized the
importance of intermodal transports, and changed the strategy for its subsidiary.