OREANDA-NEWS. October 23, 2009. Russian rolling-stock manufacturer, JSC Altaivagon, considers the additional issue of shares. The company expects to gain over RUB 2 billion through this move.

The decision on additional issue of shares was made on the 15th of October during the general meeting of shareholders. Gathered funds are to be spent on investments.

- Only investments can help Altaivagon to fight the economic crisis. They will allow us to increase production – said Alexander Gabets, the general director of Altaivagon.