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2007 May 7   10:58

OAO RZD invested RUR 49 bln in development of company

“Starting from the beginning of the year Russian Railways (OAO RZD) invested RUR 49 bln (+25% year-on-year) in the development of the company”, Vladimir Yakunin said today according to RZD-Partner.

The following investment projects are being developed: Kuzbass- Azov – Black Sea transport junction; transportation of oil to China, building of artificial constructions, complex reconstruction of Mga-Gatchina – Veimarn – Ivangorod railway, development of railway approaches to the port of Finnish Gulf.

Rolling Stock is renovated as well. 45% of total annual volume of renovations is completed.

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