FREIGHT TRANSPORTATION TARGETS 90.4% FULFILLED BY SOUTH CAUCASUS RAILROAD IN JULY

ARKA
Aug 12, 2009
Yerevan

YEREVAN, August 12. /ARKA/. Cargo transportation targets were fulfilled
by 90.4% by the South Caucasus Railroad company in July 2009.

According to preliminary information of the company’s transport
servicing road center, 251,085 tons of cargoes were transported in
July against 277,600 tons planned. Freight turnover totaled 58,778,276
tons over the month.

Actual exports were 24,614 tons in July that was 38.7% of the
planned budget. The main transportation articles are cement,
construction materials, metal scrap, industrial raw materials and
metal concentrates.

Actual import transportation was 98,045 tons – 96.1% of the planned
budget. Main items were sugar, cereals, bulk-oil, mineral fertilizers,
metals.

A total of 113,607 tons (mainly industrial raw materials, cement,
nonferrous metal ore) were transported locally – 101.4% of the
planned budget.

South Caucasus Railroad fully owned by the Russian Railways is the
operator of the Armenian Railways under a 30-year concession agreement
signed on February 13 2008. N.V.