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Russian Transport Daily Report is a unique product devoted to the transport and logistics market of the Russian Federation. It provides the latest daily news on transportation, delivery services, transport services, transport logistics, international freight, investment projects, airport transportation, haulage, international shipping, freight services, express services etc. Every issue has several sections including air, sea, rail, road and logistics, as well as infrastructure and finance. The bulletin has an extended subscriber list including transport companies, shipping companies, carriers, rail operators and many others who are interested in the development of transport and logistics of Russia.

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Russian Railways Looks to Boost Investment Program by 10%

The board of directors of Russian Railways has made a decision to request government approval of its investment program for 2010 in the amount of nearly RUB 277bn (approx. USD 9.53bn), about 10 percent greater than this year’s investment program and almost 30 percent less than in 2008. Both the investment program and the financial plan for 2010 will be revised and submitted to the government for approval in the near future. Russian Railways also plans to make an IPO for two of its subsidiaries – TransContainer and Freight One, subject to favorable market conditions. Meanwhile, the company hopes to receive the same amount of support funds – RUB 50bn (approx. USD 1.72bn). (USD1 = RUB29.0488)