South Caucasus railway expects freight traffic of 3.25 million tons in 2013

South Caucasus railway expects freight traffic of 3.25 million tons in 2013

YEREVAN, December 19. /ARKA/. South Caucasus Railway CJSC CEO Viktor Rebets, speaking today at a news conference, freight traffic is expected to total 3.25 million tons in 2013 - 1% less than the 2012 result. 

He said this decline is mainly due to contraction in imports. The company finds discounts in transportation of socially important cargoes, such as sugar, grains, flour and fuel, justified.

Rebets said passenger traffic grew 3% in 2013, compared with the previous year. He said Georgia is the most demanded destination. 

He stressed that the company kept fares to this destination unchanged in winter season gradually building up services. In particular, passengers enjoy free Wi-Fi services this year. 

South Caucasus Railway, a subsidiary of Russian Railways, runs Armenian Railway, which was handed over to the South Caucasus Railway on February 13, 2008 for 30-year concession management with a right to prolong the management term for other 10 years. ($1 – AMD 405.25). --0---

19:15 19.12.2013

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