The Greenbrier Companies Inc has entered Turkish market by acquiring majority interest in Turkish railcar builder Rayvag.
Greenbrier, the US company supplying railroad equipments and related services, has focused on Turkish market for a while.
For the first domestic finished vehicle transport in Turkey by rail, car carriers of Greenbrier were used.
The Greenbrier Companies [NYSE: GBX]—headquartered in Lake Oswego, Oregon, USA—is a leading international supplier of railroad equipment and related services to global freight transportation markets.
The direct investment in rail industry in Turkey last year took great attention while many companies were waiting for things to settle down in economics and particularly in rail business.
Free access started two years ago and one year passed since first private trains started running.