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2007 September 20   11:19

OAO RZD to spend RUR 447 billion for renewal of rolling stock

till 2010, Valentin Gapanovich, Vice President-Engineer-in-Chief of OAO RZD said during the round table which was held in the framework of the international salon of rolling stock and rail technologies EXPO 1520, RZD-Partner reports.
The expenses on rolling stock will make 28% from total volume of OAO RZD investments in this period.
The company prepared its proposals on investment programme
V. Gapanovich noted that Russian transport machine building develops actively. In 2004, new models of rolling stock produced by Russian enterprises were not presented. Now Russian manufacturers present several new models at EXPO 1520.

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