MOSCOW, April 9 (RIA Novosti) -- Russian railroad monopoly RZD said Thursday its losses in the first three months of 2009 were 26.8 billion rubles ($800 mln), while second-quarter losses were expected at 14.2 billion rubles ($418 mln).
The 2009 net losses of RZD, or Russian Railways, could total 49.7 billion rubles ($1.5 billion), the director of the monopoly's corporate finance department said.
"This year's losses are expected at 49.7 billion," Olga Gnedkova said.
