MOSCOW, February 10. The government has increased the authorized capital of JSC “Russian Railways” (RZD) on 47,38 billion rubles for implementation of investment projects on development of railway infrastructure of common use. The corresponding decree was published on the website of the Cabinet.
“The authorized capital of JSC “Russian Railways” increased by 47,38 billion rubles for implementation of investment projects on development of railway infrastructure of common use, including the construction of the railway line Prokhorovka – zhuravka – Chertkovo – Bataisk on the design of high-speed railway line Moscow – Kazan” , – stated in the message.
According to the explanatory note to the document, 18,89 billion roubles will go on reconstruction of the complex plot. M. Gorky – Kotelnikovo – Tikhoretskaya – Krymskaya section, bypassing the Krasnodar railway junction, 16 billion – for the construction of the railway line Prokhorovka – zhuravka – Chertkovo – Bataisk, 12,39 billion rubles – for implementation of investment projects on development of railway infrastructure of common use, including in the Moscow region to 0.1 billion roubles for the creation of high-speed railway line Moscow – Kazan, which is at the project stage.
According to the Federal law “On joint stock companies”, additional shares may be placed by the company only within the number of declared shares established by the Charter of the company. Therefore, the Government also decided to amend the articles of Railways, relating to the authorized capital and number of outstanding shares.
