2007 September 10   13:28

Volga-Flot suffers losses

The IH net losses of Volzhskoe Shipping (RAS) reached 21.4mln rub. against 43.5mln rub. prior year, the company informed according to AK&M.
The revenues declined 2.3% to 1.3bn rub.; gross losses being down 27.2% to 63.5mln rub.
The share capital is worth 1.001bn rub. split in 1520994 common and 482106 preferred stocks of 1 rub. par.
The major holders involve IFC Metrolop (42%) and property ministry (25.55%).
In 2006 6.9mln ton of cargo were shipped

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