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Kazakhstan Temir Zholy
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The group is expected to save around 70 billion tenge ($467 million) in three years: Samruk-Kazyna press-service.
The council on the Eurasian Development Bank (EDB) approved a Kazakhstan investment project worth around $207 million.
KazTemirTrans and Federal Freight Company signed a memorandum of cooperation in joint use of freight rolling stock.
In 2008 the volume of railroad manufacturing was totally worth 10 billion tenge and this year in 2012 it made 155 billion tenge: Askar Mamin.
The ceremony of opening of Kazakhstan-Chinese new border crossing Altynkol-Khorgos was attended by head of Kazakhstan Temir Zholy Askar Mamin and head of Urumqi railroad Tan Sheshen.
A freight train ran off the track near Astana and caused delays of 17 passenger trains in both directions.
The loan will go to finance purchase of Evolution ES44ACi locomotives.
Fitch Ratings has upgraded ratings of Kazakhstan national companies Temir Zholy (railroad operator) and KEGOC (electricity grid operator).
Cargo transportation made the largest contribution into the overall profit of KazTemirTrans: 76 percent.
Representatives of involved companies and authorities discussed arrangement of transportation of Kazakhstan's new grain.
HSBC is the lead manager of the offering of $800 million 6.950 percent notes due 2042 by Kazakhstan Temir Zholy B.V.: chairman of HSBC Bank Kazakhstan.
Kazakhstan Temir Zholy is currently a flagship in terms of local content. They show amazing results: Vice-Minister of Kazakhstan.
KTZ and Kyrgyz Temir Zholu signed an agreement on supply of Kazakhstan-made TE33A Evolution locomotives manufactured in Astana.
Kazakhstan is going to buy transport assets in Europe and set up terminals in strategically important regions of Europe and China.
Kazakhstan Temir Zholy and Toyota Tsusho Corporation signed a memorandum of cooperation and interaction.
Almaty-Petropavlovsk route will open in the beginning of July and Astana-Aktobe high-speed train will start cruising in fall: Head of Kazakhstan Temir Zholy.
UAE will extradite the criminal who has stolen $20 million from Kazakhstan Temir Zholy.
Kazakhstan Temir Zholy is going to purchase and repair over 15 thousand cargo wagons in 2012.
200 wagons-hoppers for grain transportation will be manufactured for Kazakhstan Temir Zholy in 2012.
The 2011 net profit of the Company totaled $750 million, “with most of the profit growth assigned to development of transit operations”.
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