SOUTH CAUCASUS RAILROAD NOT TO INCREASE PRICE FOR CARGO TRANSPORTATION IN 2009
/ARKA/
May 4, 2009
YEREVAN
The South Caucasus Railroad closed joint stock company is not to
increase price for cargo transportation in 2009 to support Armenian
business under the crisis conditions, General Director of the company
Shevket Shaydulin said at his meeting with Armenian President Serzh
Sargsyan.
Shaydulin briefed the President on the mission of the company as a
national transport company and reported about the results of the recent
meeting of Board of Directors, the company’s press service reported.
During the meeting Shaydulin presented the company’s investment
program for 2009 and the measures to enhance financial effectiveness
of the company.
The sides discussed the potential for improvement of transport services
in Armenia.
In particular, the South Caucasus Railroad is an enterprise that offers
complex transport services and develops to specialize in the field
of intermodal transportation (use of various kinds of transport for
transportation of a cargo without participation of the freight owner)
following the "from door to door" principle, Shaydulin said.
During the meeting, the sides also considered issues on construction
of Armenia-Iran railroad.
The parties attached importance to improvement of staff management
both in the company and in the country on the whole.
Shaydulin spoke about social activities of the company and pointed out
that the staff is the main resource of the company. Staff trainings
are to ensure the success of the company, he said.
South Caucasus Railroad fully owned by the Russian Railways is the
operator of the Armenian Railways under a 30-year concession agreement
signed on February 13 2008.