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Russia’s First Freight on track for $488m loan

RUSSIAN Railways’ wholly-owned subsidiary, First Freight Co (joint-stock company Pervaya Gruzovaya Kompanya – PGK), is well en route for a loan of up to Rbls11.5bn ($488m) to expand its fleet of 177,000 wagons which carry crude, refined petroleum products, cement, metals, coal and grain.

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