The funds will allocate Russian Railways, will go on development of small ring of Moscow railway and radial directions, said Prime Minister of Russia Dmitry Medvedev.
SLIDES, 28 Dec –. Prime Minister Dmitry Medvedev said that the authorized capital of JSC “Russian Railways” (RZD) increased by more than 64 billion rubles, also signed the documents providing for the contribution to the authorized capital in the amount of 9 billion rubles.
According to him, companies need to evolve, launch new projects, build modern infrastructure.
“This year, the share capital of our Railways has been increased by more than 64 billion rubles. I just signed the documents that make changes to the company’s Charter and the regulation which provides for this year, another contribution to the authorized capital in the amount of nearly 9 billion. This money will go on development of small ring of Moscow railway and radial directions,” Medvedev said at a government meeting on Monday.
Medvedev added that some of these funds will also be aimed at creating a high-speed railway Moscow-Kazan and to construct a railroad trestle across the Ryazan prospectus.