South Caucasus Railways reports 12.9% rise in cargo transportation
17.06.2011,
20:54
The South Caucasus Railways, a Russian-run company operating Armenia’s railroads, said it had transported a total of 1.146. million tons of cargo in January-May 2011, a 12.9% year-on-year increase.
YEREVAN, June 17. / ARKA /. The South Caucasus Railways, a Russian-run company operating Armenia’s railroads, said it had transported a total of 1.146. million tons of cargo in January-May 2011, a 12.9% year-on-year increase.
According to a press release, received by ARKA, the actual volume of transported goods in this period was 8% higher than planned. In January-May 2011 the company transported outside the country 147,100 tons of cargo, by 21.7% more than planned. The volume of cargo brought to the country in the first five months of this year amounted to 485,100 tons, exceeding the projected rate of 461,300 tons by 5.2%. Locally transported cargo rose by 7.2% to 514,600 tons.
"The growth in basic indicators was achieved due to a flexible tariff policy, as well as to constant improvement of quality of service," the company said in a news release.
The South Caucasus Railways is run by Russian Railways. The concessional agreement was concluded in 2008 for 30 years, with a right of extension for another 20 years after the first 20 years of operation. -0-
According to a press release, received by ARKA, the actual volume of transported goods in this period was 8% higher than planned. In January-May 2011 the company transported outside the country 147,100 tons of cargo, by 21.7% more than planned. The volume of cargo brought to the country in the first five months of this year amounted to 485,100 tons, exceeding the projected rate of 461,300 tons by 5.2%. Locally transported cargo rose by 7.2% to 514,600 tons.
"The growth in basic indicators was achieved due to a flexible tariff policy, as well as to constant improvement of quality of service," the company said in a news release.
The South Caucasus Railways is run by Russian Railways. The concessional agreement was concluded in 2008 for 30 years, with a right of extension for another 20 years after the first 20 years of operation. -0-
