News

RZD takes stake in Ulaanbaatar Railway

By 2009-08-26T09:35:00

Freight train in Mongolia.

MONGOLIA: Russian Railways took control of 50% of the shares of Ulaanbaatar Railway (UBTZ) on August 25, when President Dmitry Medvedev signed a decree transferring the Russian government's stake in UBTZ for five years.

You’ve reached your limit of content for the month

Get enhanced access to Railway Gazette news and weekly newsletters.

Register for free now