Industry news

09/02/11   Russian Railways to up invest in Leningrad Region upgrade 54%
State-owned railroad monopoly Russian Railways plans to increase investments in upgrading railways in the Leningrad Region 54% on the year to 14.1 billion rubles in 2011, the company said in a statement on Wednesday.
08/02/11   Russias lower house OKs 1st read of bill on road fund creation
The State Duma, the Russian parliamentŐs lower house, on Tuesday approved the first reading of a bill on the creation of road funds.
08/02/11   Light rail sys to Pulkovo Airport to cost 16 bln rbl
Construction of a light rail system from the Moscow Railway Station in St. Petersburg to Pulkovo Airport is estimated to cost 16 billion rubles, Alexei Chichkanov, chairman of the city governmentŐs investments and strategic projects committee, told reporters Tuesday.

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