"RUSSIAN RAILWAYS" TO INVEST 1.2 BILLION RUBLES IN ARMENIA THIS YEAR
Hasmik Dilanyan

"Radiolur"
12.06.2009 15:18

The Director of the "South Caucasian Railways" CJSC Vladimir Yakunin
today visited the central station of Yerevan, where ten new diesel
locomotives were put into commission. Yakunin is not very satisfied
with the activity of the company over the past years. Commenting
on the omissions of the "South Caucasian Railway," Yakunin said the
start of any activity is harder than it is assumed at the beginning.

Since January 1, 2006 the "Armenian Railway" CJSC has been handed
over to the "Russian Railway" CJSC. The "South Caucasian Railways"
is an affiliate company of the "Russian Railways."

The "Russian Railway" will invest 1.2 billion rubles in Armenia this
year, Vladimir Yakunin assured.