Hitachi to announce £4bln high-speed rail car order from UK![]() July 25, 2012 - 11:43 AMT PanARMENIAN.Net - Hitachi Ltd will announce that it has received orders from Britain for 500 high-speed rail cars worth at least 400 to 500 billion yen (3.29-4.12 billion pounds) to replace outdated rolling stock, Reuters reported citing Japan's Nikkei. Hitachi will build a rail car factory in Britain that will employ as many as 500 people as early as 2015, the Nikkei said. Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news |