OT Logistics has letter of intent to buy STK Group

Polish inland shipping operator OT Logistics has signed a letter of intent to acquire a 100 percent stake in licensed railway operator STK Group, the firm said in a filing. The company specializes in the transportation of fuels and chemical products, cargo exceeding the standard loading gauge in dimensions or weight,  locomotives and rolling stock to repair, examination and testing workshops and complex service of railway sidings in the scope of shunting works and railway logistics. The group's annual revenues stand at around PLN 80 million.