RZHD relies upon 25% in Ust Luga
Russian Railways (RZHD) considers the probability to drive the share in Ust Luga and Novorossiysk Sea Port (NMTP) to 25%, as it was informed.
In particular, in 2007 16.5% in Ust Luga Port will be purchased by the non government pension fund Blagosostoyanie which will permit RZHD to provide serious influence on the Port's activity.
2006 end RZHD acquired 8.5% in Ust Luga and 16% in the Port.
RZHD was set up in Oct. 2003 on the basis of the communications ministry.
100% are held by the government. The 2006-net profit rose to 26.3bn rub. or 2.7 fold against prior year figures (RAS).
In particular, in 2007 16.5% in Ust Luga Port will be purchased by the non government pension fund Blagosostoyanie which will permit RZHD to provide serious influence on the Port's activity.
2006 end RZHD acquired 8.5% in Ust Luga and 16% in the Port.
RZHD was set up in Oct. 2003 on the basis of the communications ministry.
100% are held by the government. The 2006-net profit rose to 26.3bn rub. or 2.7 fold against prior year figures (RAS).