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South Caucasus Railway Plans To Become International Company

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  • South Caucasus Railway Plans To Become International Company

    SOUTH CAUCASUS RAILWAY PLANS TO BECOME INTERNATIONAL COMPANY

    ArmInfo
    2009-12-14 13:14:00

    ArmInfo. One of the priorities of the South Caucasus Railway (SCR)
    CJSC is to reach an international level, which implies higher train
    speed. This, in its turn, requires more protective works. The company's
    leadership raises this priority during the meetings with the government
    representatives and the territorial administration agency, says the
    press-service of the SCR CJSC.

    In the meanwhile, over the last three months 6 cases of accidents
    were registered on the railway, including 3 people were run over by an
    electric locomotive and 3 cars crashed with locomotives . The reason of
    all the 6 accidents was gross violation of protective works. To prevent
    accidents, the SCR is ready to ensure grade crossing safety and settle
    the problems with unauthorized residence at rail transport facilities
    to save human lives and reduce the company's loss from idling trains
    and repair of damaged locomotives. "The preventive measures must be
    taken in a complex which requires involvement of the state power,
    schools, and the press. It is necessary to take permanent measures to
    ensure observation of the rules of railway crossing," the company says.

    South Caucasian Railway CJSC is the subsidiary (100%) of the Russian
    Railways CJSC. The contract of concession of the Armenian Railroad
    CJSC for 30 years with a 10-year renewable period was signed in
    Yerevan on February 13 2008.
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