Mongolian-Russian Ulaanbaatar Railway JSC's stock was officially sent  to the State Property Committee on Thursday, according to Government Resolution No. 357, dating back to 2011.

During the transaction, Head of Ulaanbaatar Railway JSC L.Purevbaatar gave a brief presentation on the current development of Ulaanbaatar Railway, and legislative acts concerning its operations.

Mongolian-Russian Ulaanbaatar Railway JSC extended freight turnover volume of up to 20 million tons in 2014. The JSC hopes to 30 million tons in volume in 2015.

L.Purevbaatar then spoke about plans fro structural reform and building an effective, skillful team.