Russian Railways International and Serbian Railways sign additional agreement on construction
of Belgrade - Pančevo railway line
Russian Railways International LLC, a subsidiary of Russian Railways, and Serbian
Railways have signed an additional agreement under a current contract to perform work
on the construction (reconstruction) of railway infrastructure and supply diesel trains
The agreement was signed by Sergei Pavlov, Managing Director of Russian Railways
International, and Dragoljub Simonović, Chairman of the Board of Directors and Managing
General of Serbian Railways, in the Serbian capital Belgrade.
The aim of the additional agreement is to construct a second electrified railway
track on the Belgrade - Pančevo line of about 15 km in length. The construction of
the track will significantly increase the line's capacity in the future.
Work on the line is expected to begin in mid-October 2013, following completion
of the procedures necessary for accepting a contract for financing by the Ministry
of Finance of the Russian Federation.