YEREVAN. - Director General of the “South Caucasus Railways” CJSC Shevket Shaydulin will not leave Armenia in the near future.

“Shaydulin was offered a new job, however he refused, as he has many projects to implement in Armenia. His resignation reports are untrue,” the press service of the “South Caucasus Railways” CJSC informed Armenian News-NEWS.am.

Earlier Russian mass media has disseminated information on Shaydulin’s possible resignation. According to some reports, he would take up post at “Russian Railways” (RZhD).

Shevket Shaydulin was appointed Director General of the “South Caucasus Railways” CJSC on December 9, 2008.