Serbia, Russia sign agreement on railway

Serbian Railways and Russian Railways signed Tuesday an agreement on projects in the areas of construction and modernization of the rail traffic in Serbia. Serbian Railways Director General Milovan Markovic and Russian Railways Director Vladimir Yakunin signed the agreement in Moscow. Serbia, Russia sign agreement on railway The agreement envisages construction of new rail routes and reconstruction of the old ones, and the projects are expected to be launched late in 2012 after signing the Russian-Serbian agreements on interstate loans. “We have the total of five projects. Two are related to construction of new railroads, while the other ones are related to modernization and reconstruction of the current infrastructure, including around 400 kilometers of rails. The final deadline for completion of works is five years,” Yakunin said after signing the document. Tanjug

Serbia, Russia sign agreement on railway

The agreement envisages construction of new rail routes and reconstruction of the old ones, and the projects are expected to be launched late in 2012 after signing the Russian-Serbian agreements on interstate loans.

“We have the total of five projects. Two are related to construction of new railroads, while the other ones are related to modernization and reconstruction of the current infrastructure, including around 400 kilometers of rails. The final deadline for completion of works is five years,” Yakunin said after signing the document.