The Russian government will inject 50 billion rubles (673 million euros) into the capital of RZD through an additional share offering. The money will be used to finance the reconstruction and modernization of the Baikal-Amur Mainline and the Trans-Siberian Railway. RZD will privately sell 50 million additional preferred shares with a face value of 1,000 rubles each to the government.
Source: www.1prime.biz
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