Retrack Slovakia s.r.o., a rail logistics company fully owned by VTG AG since 2021, has filed for insolvency, VTG confirmed in a statement issued on June 30 2025. The insolvency filing follows recent operational and financial challenges within the company.
VTG, a leading European rail logistics provider, had acquired Retrack Slovakia in 2020 with the goal of strengthening its presence in Central and Eastern Europe’s freight market. At the time of acquisition, VTG highlighted Retrack’s expertise in rail freight transport and maintenance services as key strategic assets to complement its existing portfolio.
The current insolvency filing marks a setback for VTG’s expansion plans in the region. According to VTG, the company is…