RZhD and TransGroup to cover 25% of Russia’s car transportation market by 2012
The company being formed by RZhD OJSC and TransGroup LLC may cover up to 25% of Russia’s car transportation market and 70% of Russia’s railway transportation by 2012, Vadim Morozov, RZhD’s first vice-president says, according to RZhD-Partner. The terminal in the port of Zarubino is being built within the framework of this project. Its aim is transshipment and storage of motorcars. When the first phase is put into operation, monthly volume of railway transportation is to reach from 2 to 4 thou cars with further increase up to 8 thou cars after commissioning of the second phase. Similar works are being carried out at Mikhnevo station of Moscow Railway – branch of RZhD OJSC, – Vadim Morozov reported.