ERVK, a part of Group Eurosib, and North-Western Bank of Sberbank signed an agreement to open a credit line  totaling RUR2.5 billion for nine years (before 2017).

The cooperation has been established for implementing the investment program of Eurosib. The company is going to invest about RUR6.5 billion in its business development before 2010.

Before 2010 Group Eurosib is going to increase the rolling stock threefold from 11 800 to 33 700 railcars.

In 2010-2012 the company will increase the rolling stock to 50 000 units. The rolling stock will be extended by acquiring the railcars including the companies which own railcars, as well as by leasing rollingstock.

Launching the program on creation of its own car repair depots is scheduled for 2008 which may take 3-5 years. (USD1 = RUR23.6586)

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