23 Sep 2014 19:19

RZD could cut investment program for 2015 by 5%

BERLIN. Sept 23 (Interfax) - OJSC Russian Railways (RZD) could cut its investment program for 2015 by 20 billion rubles from the original plan, RZD President Vladimir Yakunin said on the sidelines of the InnoTrans exhibition.

"This depends on the final decision that the Russian government must make as the sole shareholder of RZD. According to their plans, we are expecting that next year the investment program could be cut by approximately 20 billion rubles," the RZD president said.

The investment program for 2015 had been planned at 415 billion rubles.