Antitrust "fitting" in the Railways

The business of war rules igry15-07-2009 Antitrust "fitting" in the Railways Railways EBRD will provide a ten-year unsecured loan of $ 500 million! Europeans allocate a record sum to the fact that the Russian transport monopoly, has ceased to be such. Simply put, that Russia had completed the reform of the railway industry, which is realized for many years. As a result, the country is finally to appear independent carriers of passengers and cargo. Today the Board of Directors approved the granting Railways ten unsecured loan for $ 500 million! These funds will be directed at reforming the railway industry, the bank said on Wednesday. "The loan to implement the ambitious structural reforms that have set themselves Railways and the Government, including the restructuring of freight operations and the improvement of legislative base," said Director of the EBRD's Business Group on Infrastructure T. Meyer. In exchange for the generosity of the European Bank, the Russian monopoly has also agreed to implement (with the support of the Bank) strategy for improving energy efficiency to reduce greenhouse gas emissions and other pollutants. Note that the "Russian Railways is one of the largest energy consumers in the world.