Thursday, May 13, 2010

Growth of RZD Rates For Rail Freight in 2011


The maximum growth of rates for rail freight in 2011 may reach 14%, according to the head of Russian Railways (RZD) Vladimir Yakunin. However, if the government continues to subsidize the rail giant, prices will be slightly smaller, he said. 

"The growth of rates without a subsidy will constitute 14%. If the State retains subsidy of tariff rates it will be 9.2%", - said Vladimir Yakunin. He clarified that the proposal to raise the rates comes from RZD.

Nat Lawyer

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