DVTG/Far Eastern Transport Group managed to restructure the lease-payment debt to Alfa Bank. The rail operator had to return 1300 leased railcars to Alfa Bank and convey 780 own railcars worth 1 billion rubles as well. 2500 fitting platforms are leased from Alfa-Leasing. The company resigned the contracts on the new terms it can serve now. Besides, the company had to contribute a part of its own rolling stock as compensation. On the whole, the company forfeited 1300 railcars after closing the deal. 780 railcars, including 596 flat cars, as well as open-top cars and tank cars were delivered to Alfa-leasing and then leased again with option to purchase at the fixed price. These railcars will be operated by DVTG which can buy them out whenever it wants. (USD1 = RUB29.0156)

• Source: Kommersant