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2007 March 29   08:32

Eurosib GC to invest RUR 4 billion into logistics and terminal business

Priority direction of Eurosib GC development for 2007 and next years is transport-logistics and terminal business, Dmitri Nikitin, Director General of Eurosib told at the press conference, Finmarket reports. According to the company’s investment program it is to spend about RUR 4 billion for these directions in 2007. Nikitin says the company’s annual growth rates made 20-25% in last 3-4 years.

Nikitin also touched the relations between Russian Railways OJSC and private companies. He does not support the opinion of RZD representatives, which say there is a competition between private companies and RZD. “It is private operators that fill the gaps in problem spheres of a state company,” Dmitri Nikitin says.

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