Russian Railways Increases 2010 Investment Programme
OREANDA-NEWS. October 22, 2010. The President of Russian Railways Vladimir Yakunin announced that the Company’s Board of Directors decided to increase the 2010 investment programme to 315 billion roubles, reported the press-centre of Russian Railways.
Yakunin stressed that the decision to increase investment for the year was due to the Company’s successful results in IH 2010 and will be financed primarily from internal funds.
The increase means greater investment in infrastructure development, upgrading locomotives and faster implementation of a number of selected investment projects.
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