SCR CEO presented Armenia’s railway development prospects in Bucharest

SCR CEO presented Armenia’s railway development prospects in Bucharest

YEREVAN, OCTOBER 12. /ARKA/. CEO of CJSC "SCR" Victor Rebets participated in the Days of Railways 2012, the Railway Summit of Investments in the Wider Black Sea region (WBR), October 9-10 in Bucharest. 

At the Summit the head of SCR presented the activities of the Company, its goals and objectives, investment and social policies, Armenia’s railway’s role for the Transport Corridor Europe-Caucasus-Asia, the company said Friday.

Victor Rebets also highlighted the prospects for construction of Vanadzor-Fioletovo and the Iran-Armenia railway tracks, the opening of an international logistics center at the station Akhuryan on the Armenian-Turkish border.

He held bilateral meetings with the Minister of Transport and Infrastructure of Romania Ovidiu Ioan Silaghi and CEO of the International Union of Railways (UIC) Jean-Pierre Loubinoux.

The Company’s Executive got familiar with the process of organizing transportation and diagnostic system functioning on the Romanian Railways (Căile Ferate Române), new types of concrete slippers and rail fasteners, the systems of forming through-routes with the neighboring states. Several Romanian engineering companies have expressed interest in the possibility of delivery to Armenia traction and rolling vehicles.

In bilateral meetings the Armenian and Romanian parties expressed hope for the further cooperation.

The Days of Railways 2012 is a Railways Summit of Investment in the Wider Black Sea Region (WBR) which is conducted under the auspices of the Community of European Railway Companies (CER) and the Union of European Railway Industries (UNIFE). The event was attended by over 300 delegates from more than 50 countries.

CJSC "South Caucasian Railway" is a 100% subsidiary of JSC "Russian Railways" and provides concession management of Armenian railroads.  CJSC "Armenian Railways" was referred to the concession management to the company "SCR" according to the Concession Agreement signed on February 13, 2008. The term of the concession management is 30 years with possible extension for another 10 years.-0-

12:31 12.10.2012

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