Russian Railways gets extra $160m for building Moscow railroad

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Russian Railways gets extra $160m for building Moscow railroad
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This year, the Russian Railways will receive an additional 9.14 billion rubles (approximately $160 million) for the expanding of a network of stops at the Moscow railroad and the integration of the Savyolovsky railway line with the Moscow Central Ring.




This is stated in amendments to the budget for 2017 and the planned period for 2018-2019. The corresponding document is published on the website of draft legal acts.

“In 2017, by decision of the government of the Russian Federation, additional federal funds can be allocated to the authorized capital of open joint stock company Russian Railways (city of Moscow) in the amount of up to 9,412 billion rubles”, - the paper reads.



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