South Caucasus Railway Plans To Become International Company

SOUTH CAUCASUS RAILWAY PLANS TO BECOME INTERNATIONAL COMPANY

ArmInfo
2009-12-14 13:14:00

ArmInfo. One of the priorities of the South Caucasus Railway (SCR)
CJSC is to reach an international level, which implies higher train
speed. This, in its turn, requires more protective works. The company’s
leadership raises this priority during the meetings with the government
representatives and the territorial administration agency, says the
press-service of the SCR CJSC.

In the meanwhile, over the last three months 6 cases of accidents
were registered on the railway, including 3 people were run over by an
electric locomotive and 3 cars crashed with locomotives . The reason of
all the 6 accidents was gross violation of protective works. To prevent
accidents, the SCR is ready to ensure grade crossing safety and settle
the problems with unauthorized residence at rail transport facilities
to save human lives and reduce the company’s loss from idling trains
and repair of damaged locomotives. "The preventive measures must be
taken in a complex which requires involvement of the state power,
schools, and the press. It is necessary to take permanent measures to
ensure observation of the rules of railway crossing," the company says.

South Caucasian Railway CJSC is the subsidiary (100%) of the Russian
Railways CJSC. The contract of concession of the Armenian Railroad
CJSC for 30 years with a 10-year renewable period was signed in
Yerevan on February 13 2008.