Subscription and demo access


 
About Interfax
Press Releases
Products & Services
Contact us
Customer Login
 


Headlines
 

04/20 09:23   No dangerous items found in Russian Foreign Ministry HQ after phoned-in bomb threat - police
 
04/20 09:22   ROSKOMNADZOR BLOCKS 18 VPN AND PROXY SERVICES OFFERING ACCESS TO TELEGRAM - REGULATOR'S PRESS SERVICE
 
04/20 09:15   Police detain 16 demonstrators in Yerevan
 
04/20 09:14   Moscow press review for April 20, 2018
 
04/20 09:00   RUSSIA AND FSU GENERAL NEWS
 
04/20 08:15   Results of forex trading on Moscow Exchange on April 19
 
04/20 05:05   Russia political and economic calendar: April 20
 
04/20 05:00   INTERFAX RUSSIA AND CIS BUSINESS AND FINANCIAL NEWS
 
04/19 22:29   Ukraine's court announces start of debate in Yanukovych trial, defense attorneys protesting
 
04/19 22:04   London should allow Russian doctors to examine Yulia Skripal - Russian embassy
 


 

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:

April 20, 2018
 
09:15
Police detain 16 demonstrators in Yerevan
 
09:14
 
09:00
RUSSIA AND FSU GENERAL NEWS
 
08:15
Results of forex trading on Moscow Exchange on April 19
 
05:05
Russia political and economic calendar: April 20
 
05:00
INTERFAX RUSSIA AND CIS BUSINESS AND FINANCIAL NEWS
 
April 19, 2018
 
22:29
Ukraine's court announces start of debate in Yanukovych trial, defense attorneys protesting
 
22:04
London should allow Russian doctors to examine Yulia Skripal - Russian embassy
 
21:37
Volker should engage in constructive search for mutually acceptable solutions in Donbas - Russian Foreign Ministry
 
21:33
Fifty to seventy women, supposedly Russian nationals, over 100 children remain in Iraqi prison - Russian Foreign Ministry (Part 2)
 
21:25
Moscow reserves right to perform direct action if Ukraine does not let Nord vessel crew go home - Russian Foreign Ministry
 
21:14
Russia, U.S. could end up without direct flights because of visa problems for Aeroflot crews - Russian Foreign Ministry (Part 2)
 
21:06
Russia, U.S. could end up without direct flights because of visa problems for Aeroflot crews - Russian Foreign Ministry
 
21:04
Russian Foreign Ministry: Situation with issuance of U.S. visas in Russia deplorable, Washington knowingly building up visa blockade
 
 more headlines 



Interviews
 

.
The director of the Executive Committee of the SCO Regional Anti-Terrorist Structure, Yevgeny Sysoyev, gave an interview to Interfax in which he discussed threats that Russia and the world face in the light of ISILs transformation, as well as the structures achievements in the fight against terrorism.

more
.
.
Ahead of his visit to Moscow newly-elected Austrian Chancellor Sebastian Kurz has given an interview to Olga Golovanova for Interfax. In the interview he speaks about his expectations from the upcoming meeting with the Russian president, his vision of solving the energy-security problem in Europe, the migration crisis, and explains conditions under which some sanctions could be lifted from Russia.

more
.
.
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

 
  
 ©   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