Head of SCR discussed coop with the management of `Vallex Group’

Head of SCR discussed cooperation issues with the management of `Vallex Group’

YEREVAN, February 12. /ARKA/. Shevket Shaydullin, General Director of
South-Caucasian Railway (SCR) met with Valery Mezhlumyan, Director of
metallurgical company `Vallex Group’ during his working visit to the
station Alaverdi.

During the meeting they discussed the results of cooperation between
CJSC `SCR’and `Vallex Group’, perspectives of further cooperation,
joint activities of cargo transportation of Teghut soil in Armenia.

Shaydullin mentioned that SCR helps its clients not only to organize
transportation process but also find consumption markets. The company
targets at the increase of quality services and flexible price policy.
SCR modernized the approaches of client services.

Introduction of new information technologies in the railway provided
different cooperation schemes for the clients, for example, `work in
one window’.

Besides transportation, SCR is willing to participate in organization
of logistic process of raw-material delivered to the plant `Vallex
Group’.

>From 2009, Open JSC `Geopromining’ is the client of SCR which is
specialized in mining and sale of metals. After the official part of
the meeting the managers visited the territory of the plant.

Railway workers watched the process of smelting of copper ore from
which pucks are prepared for export. Shaydullin highly appreciated the
results of joint activities and expressed hope for further
cooperation.

Concession management of `Armenian railway’ is implemented by CJSC
`South Caucasian Railway’ which is 100% affiliate of Open JSC `Russian
Railway’. SCR accepted the railway stock of CJSC `Armenian railway’ on
its balance from June 1, 2008 according to Concession Agreement signed
on February 13, 2008. The terms of concession management is for 30
years with the right of prolongation for another 10 years. – 0–