YEREVAN. – The year 2016 was pretty difficult for the railway of Armenia, and the South Caucasus Railway (SCR) CJSC was working in conditions of strong competition, SCR Director General Sergey Valko stated while summing up the company’s activities in the year past.

In his words, they managed to ensure the railway’s revenues at 100.7 percent of the envisioned indicator.

The company director also noted that the first electric train that underwent a ТР-3 repair in Armenia was put into operation, and the first multimodal transport—also known as combined transport, is the transportation of goods under a single contract, but with at least two different means of transport—from Europe to Iran, via Armenia, was conducted in 2016.

Valko added that the 2016 exports by way of Armenia’s railway exceeded the 2015 indicator by 9 percent, whereas the imports reduced by 18.5 percent.

The SCR chief also informed that 12.7 km of railroad tracks in Armenia were fully renovated in the year past.

Sergey Valko added that railway passenger commuting increased by 12.1 percent, in 2016.