Memorandum of Cooperation signed between Russian and Serbian railway companies

Source: Tanjug Wednesday, 28.10.2015. 13:38
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(Photo: Milica Stevuljević)
Representatives of Russia's RZD International d.o.o. and Serbia's Infrastruktura zeleznice Srbije a.d. signed a Memorandum of Strategic Partnership in Moscow on Tuesday.

This document defines the manner of possible further participation of the Russian company in projects pertaining to rail transport and railway infrastructure in the territory of Serbia.

As the officials of this Russian company announced, the results of cooperation in the opening of dispatcher center for remote management of rail transport in Belgrade and further development of the Serbian school of traffic design and development will be borne in mind when deciding whether to hire RZD international to maintain the existing railway infrastructure in Serbia.

Since March 2014, RZD International has been implementing the Contract on construction and reconstruction of railway infrastructure facilities in Serbia.

The Contract was concluded under an agreement between the governments of Russia and Serbia on the extension of export loan of USD 800 million to Serbia.

A total value of the agreement is USD 941 million.

A delegation of Serbia led by Serbian Prime Minister Aleksandar Vucic has begun the visit to the Russian Federation, and several business meetings have already been held and the two sides signed cooperation agreements on that occasion, including the Memorandum of Strategic Partnership between RZD International d.o.o. and Infrastruktura zeleznice Srbije a.d.

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