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Russian Railways’ assets outside Russia under no threat — CEO

ST. PETERSBURG, June 19. /TASS/. Russian Railways CEO Vladimir Yakunin believes that the company’s assets outside Russia are under no threat.

He expressed this opinion of his to the media on the sidelines of the St. Petersburg International Economic Forum on Friday in the wake of reports of claims against Russian property in some European countries following a verdict pronounced by the Hague Court of Arbitration on a lawsuit filed by former Yukos shareholders.

"As long as everybody is in one’s right mind, nothing can happen. In general, I am rather skeptical about all these rulings. As for the Russian Railways company (RZD) is concerned, it is a commercial entity. The government has a stake in it, while the other assets are business property," he said.