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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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Vagonmash to Manufacture Neva Electric Trains

By the end of this year, the St Petersburg rail car manufacturer Vagonmash is to receive a loan of RUR1.8bn ($62.1mn, or €41.3mn) from Sberbank’s North-West Bank for a project to build Neva electric trains. The Neva cars will be a unique product on the Russian market comparable to the best products of the world’s leading electric train manufacturers. Vagonmash is going to allocate RUR1.2bn of its own funds for the RUR3bn project to develop new cars and build requisite production facilities. Construction of the plant, which is to produce 100 cars a year (160 with double-shift operation), is to be completed in mid-2011. Vagonmash manufactures a wide range of rail and metro cars and provides maintenance services. (USD1 = RUB29.0184)