// IP Marketing video - START// IP Marketing video - END

10,5% growth recorded in SCR cargo traffic in 2012 first half

10,5% growth recorded in SCR cargo traffic in 2012 first half

PanARMENIAN.Net - The volume of South Caucasus Railways (SCR) cargo traffic in January–June 2012 totaled 1584,5 thousand tons, growing by 10,5% compared with the same period in 2011.

In the first half-year SCR transported 216 thousand tons of cargo in export which exceeds last year’s index by 11,1%.

The volume of cargo in import traffic amounted to 598,8 thousand tons, increasing by 2,6% compared with the same period of 2011. The railway transported 769,7 thousand tons of cargo in the local traffic during the reporting period 2012.

It is noteworthy that according to statistical data, the train increased the average weight of freight volume to 1432 tons against last year’s 1355 tons.

In June 2012 the volume of SCR freight traffic grew by 18,7%, with 340,8 thousand tons of cargo transported within a month, the company’s press service reported.

 Top stories
Annual deflation in the country was at 1.9% in August, compared to 1.3% deflation in July, according to central bank data.
Armenia has been listed in the top 20 among the world’s most economically free countries, raking the 18th out of 159 countries and territories.
Another of the issues the PM weighed in on was corruption. He said that new committees will be established to tackle the issue.
The foreign debt makes up around $4.5 billion, including the government’s $3.99 billion and the Central Bank’s $502.4 million debts.
Partner news