RZhD OJSC plans to increase freight turnover by 4.3% in 2008

In 2008, RZHd OJSC will start implementation of the financial plan and investment program for 2008-2010 as approved by the Russian Government on November 15, 2007. According to RZhD President Vladimir Yalunin, freight turnover is to be increased by 4.3% in 2008, passenger turnover - by 3%. The investment program envisages the financing in amount of RUR405 billion, 1.5 times more than in 2007. Priority tasks are improving technical and economic indicators through all-round optimization of the management of production activities, accelerated modernization of infrastructure and rolling-stock, strengthening of the company's positions in the national and world markets.