ARMENIA LAUNCHES CAPITAL REPAIRS OF PASSENGER COACHES

/ARKA/
April 28, 2009
YEREVAN

The South Caucasus Railway and Vagonremash LLC signed an agreement
on February 6 launching capital repairs of passenger coaches, the
SCR press service reports.

Some 20 passenger coaches (four reserved seats, 14 compartments and
two sleeping cars) are now in Poti port and will later be taken to
Voronezh and Tambovsk railroad car repair plants. The carriages will
replenish Armenia’s rolling stock, taking Yerevan-Tbilisi-Yerevan
and Yerevan-Batumi-Yerevan routes.

Capital repairs will be completed by early June.

On 1 June 2008, SCR, a wholly-owned subsidiary of Russian Railways,
received property owned by Armenian Railways under the February 13,
2008 concession agreement the parties concluded for 30 years, with a
right of extension for another 20 years after the first 20 years of
operation.