|
|
Article: Plan to save Brasil Ferrovias.
- Article from:
- South American Business Information
- Article date:
- December 3, 2003
CopyrightCOPYRIGHT 2003 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Brazil, Dec 2, 2003 (Gazeta Mercantil /SABI via COMTEX)
Brasil Ferrovias, Brazilian railroad holding comprised of Ferronorte, Ferroban and Novoeste, completed the integration of the operations of broad and narrow gauges as an alternative to reduce costs. Novoeste and Ferroban operate the narrow gauges and Ferroban and Ferronorte, the broad one. The company' plan is part of a project of the national land transportation agency ANTT (Agencia Nacional de Transportes Terrestres) since Brasil Ferrovias is in default of the leasing payment, concession and fines for non compliance with the regulation. Brasil Ferrovias
concentrates 75% of the transportation of soy ...