Business Services Industry
THE RENEWAL OF ROLLING STOCK OWNED BY THE MINISTRY OF COMMUNICATIONS (MC) IS LAGGING BEHIND THE RATES OF EQUIPMENT DEPRECIATION
A&G Information Services, November, 2001
A&G Information Services 11-12-2001 THE RENEWAL OF ROLLING STOCK OWNED BY THE MINISTRY OF COMMUNICATIONS (MC) IS LAGGING BEHIND THE RATES OF EQUIPMENT DEPRECIATION ST.PETERSBURG, RUSSIA, NOV 11, 2001 (A&G News via COMTEX) -- Before 1988 about 5% of rolling stock was renewed annually, whereas in 1999 only 0.03% was renewed.
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As a result the average age of a freight car is 28 years, a passenger car - 30 years, the test limit being 20-25 years. Rolling stock deficit is 10%. The heads of the MC admit ...
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