Bloomberg News

Russian Rail May Increase Investments, Interfax Reports

August 06, 2012

OAO Russian Railways, the state-run rail monopoly, may increase its investment program for 2012 by 31.7 billion rubles ($992 million), Interfax said, citing an unidentified company representative.

The new investment budget that the company approved after the first year half results reached 460.1 billion rubles, Interfax said.

To contact the reporter on this story: Marina Sysoyeva in Moscow at msysoyeva@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net


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