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2009 September 21   14:58

RZD expects to submit the Second Cargo Company’s registration documentation by the end of 2009

OAO RZD (RTS: RZHD) expects to submit the documents for the registration of its new cargo "daughter", OAO "Second Cargo Company" (VGK), this year, announced RZD President Vladimir Yakunin. 

"We should like to submit all necessary documentation in 2009," said RZD President.
He added that RZD considers two variants of creating VGK - a 100 % affiliated company and attraction investors in the VGK’s capital at the stage of its creation. RZD is inclined to choose the second variant, which includes strategic investments in the VGK’s capital.

Vladimir Yakunin did not specify if the negotiations with the potential investors were successful. "Everyone wants confidentiality," he explained.

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