South Caucasus Railway is the sole railway company in Armenia, owned by Russian Railways, responsible for all inter-city, commuter, and freight rail transport in Armenia. The network consists of 780 kilometers (480 mi) of track with all lines in the Russian gauge. Railroads in Armenia are 100% electrified. [1]
Main information
On 13 February 2008, the Government of Armenia signed an agreement to transfer 100% of the state-owned Armenian Railways to Russian Railways. According to the agreement, the concession period is 30 years, with a possible extension for another 10 years by mutual agreement of the parties. In accordance with the terms of the tender, existing railway employees (4,300 people), except those of retirement age, were transferred to the staff of South Caucasus Railway on salary increases of up to 20%.[2]