Contract with current Russian Railways head to be renewed for three more years - paper
MOSCOW. June 17 (Interfax) - Prime Minister Dmitry Medvedev will sign an order in the next few days to renew the contract with Vladimir Yakunin as president of Russian Railways (RZD) for another three years, business daily Vedomosti reported on Tuesday, citing three federal officials familiar with the document.
The order has already been endorsed by all government agencies and submitted to the Cabinet, the paper reported one source as saying. Medvedev's press secretary Natalya Timakova and Yakunin's spokesman declined to comment.
Yakunin has headed RZD for nine years already, since June 14, 2005, the paper recalled. Prior to this, from October 2003 he was senior vice president of the company and its president was Gennady Fadeyev. Before the Russian Railways Ministry was restructured into RZD, from February 2002, Yakunin was deputy minister under Fadeyev as minister.