04 June 2004 22:47
Russian Railways expects credit rating by end of June
MOSCOW. June 4 (Interfax) - Russian Railways plans to receive an international credit rating by the end of June, the
company's president, Gennady Fadeev, said at a branch managers meeting on Friday, Russian Railways PR Department
told Interfax.
"We announced such a term at the beginning of the year, and now I can confidently say that the work is in its
concluding phase," Fadeev said.
The company's strategic development program for 2004-2006 defines its positioning on the most important markets,
especially cargo shipments, which accounts for about 80% of Russian Railways work. Cargo turnover increased 9%
year-on-year in January-May, he said. [RU ASIA EUROPE EEU EMRG RRL CORA AAA RESF RES] me
[Interfax] |
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