  SCR losses comprise AMD 1 billion in 2010 April 14, 2011 - 14:17 AMT PanARMENIAN.Net - South Caucasus Railways (SCR) CJSC suffered AMD 1 billion worth losses in 2010.As SCR Director General Shevket Shaydullin told a news conference in Yerevan, the main slump was observed in the business segment of passenger transportations, with the total loss comprising AMD 2,8 billion. However, he said, the income plan was overfulfilled by 5,2% (AMD 13,463 billion); operational expenditures were cut by 3,2% (AMD 14,241 billon). Shaydullin gave satisfactory assessment to implementation of budget activities in 2010, as well as the investment program. As he noted, as a result of implementation of lowering quotients, the total support of Armenian economy in global crisis circumstances comprised the average of 1,262 billion roubles.   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 |  Latest news Armenia Security Council chief traveling to Qatar  Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar.Pillars installed in Armenian border village of Kirants In the Armenian village of Kirants, three border markers have been installed, and border guards stand next to them.Armenian Foreign Minister regrets “tragic loss” of Iranian counterpart The Armenian Foreign Ministry has expressed shock over the death of the Iranian President and the Minister of Foreign Affairs.Armenian PM sends condolences to Iran Prime Minister Nikol Pashinyan sent a message of condolence to the Supreme Leader Seyyed Ali Khamenei. |
