17 Jun 2010 17:28

RZD could pay 2009 dividends

ST. PETERSBURG. June 17 (Interfax) - Russian Railways (RZD) could pay dividends for 2009.

"I have other information," First Deputy Prime Minister Igor Shuvalov told Interfax, when asked to comment on the government's stance regarding the non-payment of dividends by the wholly state-owned rail monopoly.

Representatives of a profile ministry have said the Transport Ministry and Russian Federal Property Agency had drafted directives regarding RZD's profit for 2009, according to which the company will not pay dividends. Shuvalov said he doubted this was the case.