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ST.-PETERSBURG MAY FIND ITSELF ON THE VERGE OF A FINANCIAL CATASTROPHE IN 2001.

A&G Information Services,  January, 2001  

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A&G Information Services 01-15-2001 ST.-PETERSBURG MAY FIND ITSELF ON THE VERGE OF A FINANCIAL CATASTROPHE IN 2001. ST.PETERSBURG, RUSSIA. The reason lies beneath the earlier famous project RAO VSM. RAO "VSM" was created in December 1991 for the construction of the high-speed passenger railway between St.-Petersburg and Moscow.

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In 1995 RAO "VSM" received a loan from the English banks "Indosuez" and "SBC Warburg" for ...

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