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2008 January 28   10:29

RZHD investment into development of railways capacity totals RUR 31.6 billion in 2007

In 2007 RZHD invested 31.6bn rub. in the development of railways capacity, the company informed.
In particular, the funds were invested in transport corridors Kuzbass-North-West, Kuzbass-Azovo-Chernomorsky Transport Node and Kuzbass Far Estern Transport Node etc.
Besides, 7.2bn rub. were spent for the expansion of 62 stations; 0.3bn rub. in the building of access passages to the ports.
1.6bn rub. were invested in the building of carriages control centers.
The 2007-net profit (RAS) increased 3.1 fold to 84mln rub. from 26.3bn rub. prior year; revenues rose 16.9% to 728.4bn rub. from 623.3bn rub.; gross profit - 29.6% to 77.9bn rub. from 60.2bn rub.; pretax profit - 24.9% to 72.8bn rub from 58.3bn rub.

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