SCR freight traffic comprised 146.1 % in OctoberNovember 11, 2009 - 18:37 AMT PanARMENIAN.Net - In October, 2009, South Caucasian Railways CJSC fulfilled its freight traffic plan by 146.1 %. Freight delivery thus comprised 80448,4 freight/1 km, instead of the planned 55058,7/1 km, the company's press service reports.Export volumes totaled 47.4%, making up 25.9 thousand tons instead of the planned 54.6 thousand. Import volumes comprised 150.3% or 178.9 thousand tons, instead of the planned 119 thousand. As to internal freight traffic, it comprised 150.3% or 178.9 thousand tons instead of the planned 70.5 thousand. Such growth is first of all conditioned by flexible tariff policy and permanent enhancement of transportation services. South Caucasian Railways CJSC is a 100% subsidiary of Russian Railways CJSC. Under a concessionary agreement dated February 13, 2008, Armenian Railways CJSC was handed over to company's concessionary management. Agreement was signed for the period of 30 years, with possible extension of additional 10 years. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan. Ucom General Director joins High-Tech Development Panel Discussion The discussion was titled "The Role of International Corporations and Investors as Catalysts for Development of High-Tech Ecosystem." U.S. still believes “peace is possible” between Armenia, Azerbaijan The United States continues to believe that peace is possible between Armenia and Azerbaijan, Vedant Patel says. Dozens detained as antigovernment protest continue in Armenia At least 63 people demanding Prime Minister Nikol Pashinyan’s resignation were detained on May 14 as they blocked streets in Yerevan. |