Announcement

Collapse
No announcement yet.

Investments In South Caucasus Railways To Total 2.8 Billion Rubles I

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Investments In South Caucasus Railways To Total 2.8 Billion Rubles I

    INVESTMENTS IN SOUTH CAUCASUS RAILWAYS TO TOTAL 2.8 BILLION RUBLES IN 2009

    PanARMENIAN.Net
    25.02.2009 16:52 GMT+04:00

    /PanARMENIAN.Net/ South Caucasus Railways Director General Shevket
    Shaydulin said that investments in the South Caucasus Railways will
    total 2.8 billion rubles in 2009.

    "The initial condition of the railway is satisfactory, yet labor
    productivity and infrastructure of the South Caucasus Railways yield
    to those in neighbor states," he told a news conference in Yerevan.

    "The company works under strong competitive pressure," he said, adding
    that rail traffic makes 29% in the Armenian cargo transportation
    system, while motor transportation exceeds 54%.

    Touching on personnel selection, Shaydulin said that the SCR is
    collaborating with Gyumri technical school and a number of higher
    education institutions in Armenia and Russia.

    "Presently, some 200 specialists are taking a special course. They
    will join our company in the near future," he said.
Working...
X