Subscription and demo access


 
About Interfax
Press Releases
Products & Services
Contact us
Customer Login
 


Headlines
 

02/22 21:39   Several thousand irreconcilable militants still in Eastern Ghouta - Russian ambassador to UN (Part 2)
 
02/22 21:35   Russia so far gets no articulate answer to how truce in Eastern Ghouta will be guaranteed - Nebenzya
 
02/22 21:30   Civilians in Eastern Ghouta held hostage, used as human shield - Nebenzya
 
02/22 21:21   UN SC resolution on Eastern Ghouta utopian, aims to provoke scandal, denigrate Russia - Nebenzya
 
02/22 21:11   Putin calls on foreign defense chiefs to preserve military confidence
 
02/22 21:07   Russia prepares amendments to UN Security Council draft resolution on Eastern Ghouta - Nebenzya
 
02/22 20:55   Several thousand irreconcilable militants still in Eastern Ghouta - Russian ambassador to UN
 
02/22 20:51   Mass psychosis in world media circulating rumors not helping situation in Eastern Ghouta - Nebenzya
 
02/22 20:49   UN SECURITY COUNCIL RESOLUTION ON EASTERN GHOUTA SEEKS TO PROVOKE SCANDAL, TARNISH RUSSIA, THIS RESOLUTION UTOPIAN - UN PERMANENT REPRESENTATIVE TO UN
 
02/22 20:44   RUSSIAN DELEGATION HAS PREPARED AMENDMENTS TO DRAFT UN SC RESOLUTION ON EASTERN GHOUTA - NEBENZYA
 


 

Interfax.com  |  Interfax news  |  RZD cannot receive NWF funds to purchase Mechel...


News headlines


September 05, 2014 11:48

RZD cannot receive NWF funds to purchase Mechel railway line - Finance Ministry

MOSCOW. Sept 5 (Interfax) - The Russian Finance Ministry said it was impossible to give Russian Railways (RZD) (MOEX: RZHD) funds from the National Welfare Fund (NWF) to purchase a railway line from Russian mining and steel company OJSC Mechel (MOEX: MTLR), Russian newspaper Vedomosti cited a ministry representative as saying Friday.

There will also not be any government guarantees, the representative said, adding that RZD will pay Vnesheconombank (VEB) using "synchronized funding" from banks that are Mechel's largest creditors.

RZD President Vladimir Yakunin told journalists in Yekaterinburg Thursday that the possibility of allocating funds from the NWF was being considered as a way for RZD to purchase the Mechel railway line to the Elginskoye field.

"A current variant is using bridge money from the National Welfare Fund followed by a return guaranteed by the state. That is, the government must ultimately give us funds for charter capital so that we can pay for this since our financial standing and the size of the investment program do not alone allow for these projects to be completed," he said on the sidelines of the Coordinating Council on Trans-Siberian Transportation (CCTT) forum.

RZD supports the actions of the government in every way possible to stabilize Mechel's economic situation, Yakunin said, adding that the company was ready to participate in this. Asked whether the current price of 70 billion rubles was being considered for the railway line, he said: "At least now we are talking about this [amount of] money."

A Mechel representative confirmed the fact that talks took place on selling the railway line, but did not give the newspaper further comment.

Kh ak

(Our editorial staff can be reached at eng.editors@interfax.ru)

/Interfax/
 Subscription
You can access a demo version of, receive more information about or subscribe to Interfax publications by filling in and returning the form below. We also have dozens of reports in the Russian language, please indicate if you are interested.
Title:


Phone:


E-mail:


First name:


Company:


Country:
Last name:


Division:


City:
Products:
Central Asia & Caucasus Business Weekly
Central Asia General Newswire
Global Gas Analytics
Global Natural Gas Daily
Interfax Via Bloomberg Terminal
Kazakhstan General Newswire
Kazakhstan Mining Weekly
Kazakhstan Oil & Gas Weekly
Russia & CIS Announcements
Russia & CIS Banking and Finance Weekly
Russia & CIS Business and Financial Daily
Russia & CIS Business and Financial Newswire
Russia & CIS Business and Investment Weekly
Russia & CIS Business Law Weekly
Russia & CIS Business news
Russia & CIS Defense Industry Weekly
Russia & CIS Diplomatic Panorama
Russia & CIS Energy Daily
Russia & CIS Energy Newswire
Russia & CIS Events Calendar
Russia & CIS Food and Agriculture Weekly
Russia & CIS General Newswire
Russia & CIS Headline News
Russia & CIS Insurance Weekly
Russia & CIS IT and Telecom Weekly
Russia & CIS Metals and Mining Weekly
Russia & CIS Military Daily
Russia & CIS Military Newswire
Russia & CIS Military Weekly
Russia & CIS Oil and Gas Weekly
Russia & CIS Presidential Bulletin
Russia & CIS Statistics Weekly
Russia Health & Pharmaceuticals
Russia Market Roundup
Russia Press Review
Ukraine Business Daily
Ukraine Business Weekly
Ukraine General Newswire
Please enter the digits from picture in the box below:

February 22, 2018
 
21:39
Several thousand irreconcilable militants still in Eastern Ghouta - Russian ambassador to UN (Part 2)
 
21:35
Russia so far gets no articulate answer to how truce in Eastern Ghouta will be guaranteed - Nebenzya
 
21:30
Civilians in Eastern Ghouta held hostage, used as human shield - Nebenzya
 
21:21
UN SC resolution on Eastern Ghouta utopian, aims to provoke scandal, denigrate Russia - Nebenzya
 
21:11
Putin calls on foreign defense chiefs to preserve military confidence
 
21:07
Russia prepares amendments to UN Security Council draft resolution on Eastern Ghouta - Nebenzya
 
20:55
Several thousand irreconcilable militants still in Eastern Ghouta - Russian ambassador to UN
 
20:51
Mass psychosis in world media circulating rumors not helping situation in Eastern Ghouta - Nebenzya
 
20:49
UN SECURITY COUNCIL RESOLUTION ON EASTERN GHOUTA SEEKS TO PROVOKE SCANDAL, TARNISH RUSSIA, THIS RESOLUTION UTOPIAN - UN PERMANENT REPRESENTATIVE TO UN
 
20:44
RUSSIAN DELEGATION HAS PREPARED AMENDMENTS TO DRAFT UN SC RESOLUTION ON EASTERN GHOUTA - NEBENZYA
 
20:43
WE HAVE NOT RECEIVED ARTICULATE ANSWER TO HOW TRUCE IN EASTERN GHOUTA WILL BE GUARANTEED - NEBENZYA
 
20:43
Russian embassy in Berlin objects to Russian's arrest in Germany, possible extradition to France (Part 2)
 
20:38
MILITANTS TOOK CIVILIAN POPULATION OF EASTERN GHOUTA HOSTAGE, USING THEM AS HUMAN SHIELD - RUSSIAN AMBASSADOR TO UN NEBENZYA
 
20:37
Russian Embassy to Germany trying to prevent Russian citizen held in Germany from being sent to detention center
 
 more headlines 



Interviews
 

.
Palestinian Ambassador to Russia Abdel Hafiz Nofal has given an interview to Interfax correspondent Veronika Vishnyakova ahead of a visit of Palestinian leader Mahmoud Abbas to Russia in which he speaks about the main topics of the upcoming Russian-Palestinian summit, prospects for the Palestinian-Israeli settlement and the initiative of creating a new mediating mechanism for the Palestinian-Israeli settlement.

more
.
.
U.S. Ambassador to Russian Jon Huntsman, who arrived on his mission to Moscow last fall, has given an interview to chief of the Interfax‘s foreign political desk Olga Golovanova ahead of the publication of the so-called "Kremlin dossier". He called on to take this report without emotions and expressed Washington‘s desire to work together with Moscow on the elimination of sanctions. He also confirmed U.S. commitment to the New START Treaty and cut short suggestions that Washington may quit INF Treaty. He also said about what should happen for a U.S.-Russian summit take place.

more
.
.
Under-Secretary-General of the United Nations Counter-Terrorism Office Vladimir Voronkov, who was appointed to the post six months ago, has given his first big interview to Interfax. He discussed tasks that the UN Counter-Terrorism Office faces in countering global terrorism.

more

 
  
 ©   1991—2018   Interfax Information Service. All rights reserved.
contact information   |   Interfax offices   |   made by web.finmarket

News and other data on this site are provided for information purposes only, and are not intended for republication or redistribution. Republication or redistribution of Interfax content, including by framing or similar means, is expressly prohibited without the prior written consent of Interfax.

Browse other Interfax sites:  Interfax.ru   |   IFX.RU   |   Interfax Group   Rambler's Top100