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    HEAD OF RZHD COMPANY: DEVELOPMENT OF MARKET RELATIONS IN RAILWAYS' SPHERE IS A PRIME TASK

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    MOSCOW, January 23, 2004. /RIA Novosti correspondent Yelena Fedorova/ -- President of the Rossiiskiye Zheleznye Dorogi (Russian Railways - RZHD) joint-stock company Gennady Fadeyev called the development of market relations in the railway transport sphere a prime task.

    "We should bring subsidiaries into the market and to ensure conditions of non-discriminating access to the railway infrastructure", Fadeyev said at the meeting of the RZHD board on Friday.

    According to him, in 2004 main attention will be given to the establishment of affiliated companies. A list of more than 100 units and companies on the basis of which affiliated companies can be set up has already been prepared, Fadeyev said. But he also stressed that during the establishment of affiliated companies it is important to prevent emergence of new monopolists.

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