Transport & Communication

First meeting of young specialists in SCR

YEREVAN, February 8. /ARKА/. First meeting of young specialists started on February 5 in the Head Office of CJSC “South-Caucasian Railway” in the railway station of Yerevan.

After visiting railway museum participants visited the station Masis where they got acquainted with the work of different services and new technologies invested by SCR, especially the work of automated workplace. 

In Yerevan they attended the exhibition “Development strategy of SCR: technology and specialists”.

“Times are changing and the demands– working ability, initiative, ability of working in the environment and decision- making remain the same. Young railwaymen have time to study. We established Board of Young Specialists for studying and teaching others in future”, said Shevket Shaydullin, General Director of SCR. 

The meeting selected Board members. Vahe Davtyan, Head of press service of the company was selected a Chairman of the Board who presents the program “Youth of SCR in 2010-2015”.

Such meetings will take place regularly and solve issues which interest young specialists, as well as obtain skills and knowledge. 

Concession management of “Armenian railway” is implemented by CJSC “South Caucasian Railway” which is 100% affiliate of Open JSC “Russian Railway”. SCR accepted the railway stock of CJSC “Armenian railway” on its balance from June 1, 2008 according to Concession Agreement signed on February 13, 2008. The terms of concession management is for 30 years with the right of prolongation for another 10 years. —0--


08/02/2010 19:36



Market USD exchange rates
Market EUR exchange rates
Market exchange rates 02/09/2010
Currency Symbol Unit Rate Changes
USA Dollar USD 1 365.03 1.29
Euro EUR 1 468.19 3.8
Russian Rоublе RUR 1 11.90 0.08

Favorable еxchange rates of banks 03/09/2010
Currency Buy Sell
USD 366
ProCreditBank
367.5
“ArmSwissBank”
Euro 467
Byblos Bank Armenia
ProCreditBank
472
ArmBusinessBank
Armenian Development Bank
RUR 11.85
"VTB Bank (Armenia)"
BTA Bank
12
ACBA-CREDIT AGRICOLE BANK
Ameriabank
ProCreditBank

Macroeconomics
Indicator Term Figures
economic growth,% 2010-06 106.7
GBP, billion AMD 2010-06 1332
inflation, % 2010-07 103.7
Budget deficit (proficit), bln AMD 2010-06 16.9
trade deficit, mln USD 2010-06 -1281.2
foreign trade turnover, mln USD 2010-06 2116.8
foreign trade turnover, % 2010-06 129.8
Gross External Reserves, mln. USD 2010-06 1780
Monetary base, billion AMD 2010-06 434.5
Money supply, billion AMD 2010-06 786.6

Financial market
Indicator Term Figures
Anual interests on loans
Legal entities in AMD 2010-06 13.8
Legal entities in USD 2010-06 12.6
Individuals in AMD 2010-06 22.6
Individuals in USD 2010-06 19.2
Anual interests on deposits
Legal entities in AMD 2010-06 8.4
Legal entities in USD 2010-06 7.2
Individuals in AMD 2010-06 9.8
Individuals in USD 2010-06 5.4
Annual profitability
state stock of CBA, % 2008-08 8
fiscal stock of Armenia, % 2010-06 9.6

The percents of the CBA
Indicator Term Figures
Banking rate 2010-07 13
Repo 2010-07 7.25
Credit 2010-07 10.25
Depo 2010-07 4.25



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