COMMENT | 04.02.2010

Trilateral Alliance: Customs gives approval

dobroThe Customs Union of Belarus, Kazakhstan and Russia started work on January 1st, 2010 and faced a few puzzles, which are to be solved in a very short time, by July 1st, 2010, when the common Customs Union territory will be created.

INTERVIEW | 04.02.2010

Fashion trends for heavy trains

XavierAllardIt is a surprise, but the current worldwide engineering industry does not engage its own manufacturers in designing new trains. It is outsourcing special companies. The French Alstom differs from others in this sense. Xavier Allard, Manager of Alstom Transport Design Department, tells us about the problems and trends in this engineering sector, and also how the "Allegro" design was created.

NEWS

Pipe Metallurgic Company placed the bonds

05.02.2010 (16:24)

Pipe Metallurgic Company (TMK) placed the $412mln worth eurobonds converted into GDRs, the company informed.

Sakhalin customs authorized clearance of outbound petroleum products, bunker fuel

05.02.2010 (16:17)

All Sakhalin customs posts are authorized to prepared documents for exported seaborne oil and petroleum products, including marine fuel, "Data” agency reports citing Yuri Gurshal, the spokesman for the Sakhalin Customs.

RZD lowers net profit by 86% in 2009

05.02.2010 (16:15)

OJSC Russian Railways' (RTS: RZHD) net profit in 2009 came to 11 billion rubles, an 85.5% decrease from 76.4 billion rubles in net profit posted for 2008, the company's president, Vladimir Yakunin, told Interfax.

Ukraine: Sales of Krykovsky Railway Car Building Works down in 2009

05.02.2010 (16:08)

Krykovsky Railway Car Building Works, one of the biggest rolling-stock manufacturers in Ukraine, recorded a significant drop in wagon sales last year. In 2009, 5.3 times less vehicles were sold than a year before.

Ministry again mulls canceling Rusia Petroleum's Kovykta license

05.02.2010 (16:06)

Russia's Mineral Resources Agency may revoke oil company Rusia Petroleum's license for the Kovykta gas condensate field, the Natural Resources and Environment Ministry said Friday.

Prime Minister Vladimir Putin met with Russian Railways President Vladimir Yakunin

05.02.2010 (16:04)

On February 3rd Mr Putin and Mr Yakunin discussed Russian Railways’ performance in 2009 and investment programmes for 2010. The prime minister also inquired about the launch of the high speed train Sapsan.

RusAl Pays Down Debt With IPO Funds

05.02.2010 (15:53)

United Company RusAl paid off $2.14 billion of its estimated $14.9 billion of debt using funds raised from its initial public offering in Hong Kong, the company said in a statement Thursday.

EXHIBITIONS AND CONFERENCES

Eurasia Rail

09.02.2010 - 11.02.2010

Conference

Turkey, Istanbul

EuroRail 2010

22.02.2010 - 24.02.2010

Germany, Berlin

LogiMAT 2010

02.03.2010 - 04.03.2010

8th International Trade Fair for Distribution, Materials Handling and Information Flow

Germany, Stuttgart

PRESS REVIEW

Signs Of Recovery Bode Well For Global Freight And Logistics Shippers

05.02.2010 (16:47) | Handyshippingguide

Industry Indicators Show Improvements in Different Sectors.

Protective composite wall for strengthening a railway zone

05.02.2010 (16:42) | JEC Composites

The problem of cargo delivery for the construction of Olympic projects has become acute: one of the main means of transport is by railway, but only a single, one-way railway line goes through Sochi, which would be inadequate for the cargo traffic involved.

Aeroflot's enlargement designed to boost air safety, but carries risk

05.02.2010 (16:35) | RIA Novosti

Russia's plans to integrate six smaller airlines into the country's flagship carrier Aeroflot is aimed at improving air safety and modernizing the domestic air fleet, but was likely to create one more monopolist, an expert said on Wednesday.

Russia's Vast Coal Resources Have Become Attractive To Foreign Investors

04.02.2010 (15:04) | OfficialWire

As commodity prices increased throughout the year, Russia's vast coal resources have become attractive to foreign investors. Particular interest has been exhibited from companies in South Korea, Japan and China as companies look to secure long term stable supplies of the energy resource.

Container throughput to revive

04.02.2010 (14:55) | Portnews

Dockers started talking about the end of the crisis, after which a timid recovery of cargo traffic could start this year - by some estimates up to 15-20% compared to 2009.